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]

About PlasmaPlasma is a high-performance L1 designed for stablecoin payments. Stablecoins already power $250B+ in supply and trillions in monthly volume.Highlights:💸 Zero-fee USDT transfers🔧 Native support for custom gas + privacy payments🌊 $1B+ liquidity at launch⚡ EVM compatible, seamless developer migration💳 Integrated infrastructure for card issuance, compliance, and global on/off-ramps ...

Overview - Plasma is a Layer 1 blockchain designed for global stablecoin payments [1] - Plasma aims to reshape global money movement with its stablecoin focus [2] Key Features - Supports zero-fee USDT transfers [3] - Offers native support for custom gas and privacy payments [3] - Provides full EVM compatibility for easy developer migration [3] - Includes integrated infrastructure for card issuance, compliance, risk control, and global fiat on/off ramps [3] Liquidity and Interoperability - Over 1 billion USD in liquidity available at launch [3] - Features a native BTC cross-chain bridge to enable stablecoin + Bitcoin innovations [3] Stablecoin Market - Stablecoins have a supply exceeding 250 billion USD [1] - Monthly stablecoin trading volumes reach trillions of dollars [1]