The stablecoin sector has been extremely hot over the past two years, but most projects are still stuck in old routines. Recently, I noticed an interesting public chain—Plasma, which takes a slightly different approach.

This chain is specifically optimized for stablecoins, with the core selling point being two words: low cost. How low? Transferring USDT doesn’t require holding any tokens at all, and there’s no concept of Gas fees. Transfer speeds are sub-second, making it much smoother to use compared to TRON. The difference that ordinary users can directly feel is right here.

More importantly, at the application layer. Through the Rain Card tool, USDT on the chain can be directly used for card payments at over 150 million merchants worldwide, and it also supports SEPA bank transfers. Funds can flow in and out without barriers, which is what true Web3 payments should look like. Currently, the total on-chain stablecoin market has exceeded $7 billion, with leading protocols like Aave and Pendle deploying on it, indicating that the ecosystem indeed has potential.

Compared to traditional established public chains, Plasma is rapidly gaining market share in global payments through its zero-fee + compliant combination. The on-chain token $XPL serves to ensure network security, and holders can participate in profit sharing through staking. From an investment perspective, this is a track worth paying attention to.