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Plasma Unveils Mainnet Beta with XPL Token Launch

Plasma is set to launch its mainnet beta and the XPL token on September 25, 2025, with over $2 billion in stablecoin liquidity announced on day one, thanks to over 100 partners.

A Blockchain Designed Solely for Stablecoins

Unlike Ethereum or Solana, Plasma isn’t aiming to be a general-purpose platform. Its architecture, named PlasmaBFT, is tailored for one specific goal: making transactions with stablecoins fast, seamless, and cost-effective.

From the launch, users will be able to transfer USDT for free via the Plasma dashboard. This feature is groundbreaking in an environment where fees, even when low, hinder mass adoption. The team is banking on this competitive advantage to appeal to both DeFi users and institutional players seeking stable and efficient infrastructures.

XPL Distribution Revealed Before TGE

With recent successes and failures in mind, Plasma aims to avoid the typical scenario of a token being dominated by private investors.

The total supply is set at 10 billion XPL tokens, with 10% of XPL offered in a public sale before the launch. On September 25, 25 million tokens will be allocated directly to the community, with an additional 2.5 million reserved for members of the Stablecoin Collective, an alliance supporting the ecosystem.

In the long run, 40% of the supply (4 billion tokens) will fund ecosystem growth, with 800 million unlocked at launch and the rest distributed over three years. The team holds 25% (2.5 billion) subject to a one-year lock and a two-year vesting, while investors also own 25%, following the same schedule.

Plasma has already announced an airdrop for early community participants, and at the current pre-market price, some lucky individuals are set to receive large checks!

Significant Support for a Global Project

Plasma isn’t forging ahead alone. The project raised $24 million in its seed and Series A rounds. Investors include Framework Ventures, along with heavyweights like Bitfinex, Peter Thiel, and Paolo Ardoino, the Tether CEO.

The message is clear: with such backing, Plasma aims to become the go-to infrastructure for global money movement. The team succinctly summarizes its ambition: “Mainnet beta is the next step to turning this vision into reality.”

A Risky Yet Strategic Bet

The challenge ahead is enormous. Ethereum, Tron, and Solana already dominate the vast majority of stablecoin volumes, with new specialized blockchains regularly trying their luck. Plasma is banking on flawless execution, rapid adoption, and near-zero costs to stand out in this competition.

If the promise holds, Plasma could become more than just a new blockchain: a backbone of global digital payments, capable of revolutionizing the circulation of stablecoins in both traditional finance and DeFi.

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