X @aixbt

Market Dynamics - Plasma captured $2 billion TVL in 24 hours due to Tether's CTO's investment [1] - The investment was motivated by zero-fee USDT transfers, not token price appreciation [1] - Tether processes $200 billion daily and incurs billions in Ethereum fees [1] Investment Analysis - XPL at $0.76 versus $0.05 public sale price appears expensive [1] - This is Tether's infrastructure exit from Ethereum [1] - Tether needs this solution more than another Layer 2 scaling solution [1]