Plasma, a layer 1 blockchain is set to launch its mainnet beta on Thursday, September 25 at 8:00 AM ET, introducing the native token XPL and debuting as the eighth-largest blockchain by stablecoin liquidity. The project anticipates an initial stablecoin liquidity of $2 billion and reports integrations with over 100 DeFi partners.
Stablecoins on Plasma will be deployed across major DeFi protocols including Aave, Ethena, Fluid, and Euler. Users will gain access to savings products, deep USD₮ markets, and what Plasma claims will be the industry’s lowest borrowing rates. Zero-fee USD₮ transfers will also be available through dashboard, making dollar transactions cheaper and faster than legacy payment rails.
Plasma’s community-driven launch pairs record liquidity with new tech
The company’s mainnet beta follows one of the most aggressive community build-ups in crypto history. A $1B deposit campaign filled in just 30 minutes, while a public sale on Echo drew $373M in commitments, surpassing its $50M cap sevenfold. Momentum was further amplified by Binance Earn, where Plasma’s $1B USD₮ yield product became the largest and most successful in the platform’s history.
This foundation set the stage for PlasmaBFT, a high-throughput consensus layer designed for stablecoin transfers, while the launch of XPL secures the network and hands ownership directly to its earliest backers. Distribution includes 25 million XPL for verified depositors and 2.5 million reserved for Stablecoin Collective members who verify their wallets in Discord, with tiered rewards:
- 30,000 XPL for OGs,
- 15,000 XPL for Stablecoin Collective Contributors
- 7,500 XPL for Early Contributors.
By aligning incentives across the community, Plasma ensures investors and builders hold meaningful stake as stablecoins expand beyond savings into payments, remittances, and global commerce, making XPL both a utility and a growth asset at the center of the ecosystem.
At launch, the vision of broad distribution takes shape through the XPL token, which secures the network, aligns validator incentives, and embeds ownership in the community. Ten percent of supply from the public sale will be released, alongside 25 million XPL for verified depositors and 2.5 million for Stablecoin Collective members.
By combining immediate liquidity, zero-fee transfers, and a community-first ownership structure, Plasma is positioning itself as the infrastructure that could bring stablecoins, “Money 2.0,” into the hands of hundreds of millions worldwide.
Also Read: Plasma Sells Out $500M XPL Tokens in Minutes
