Plasma (XPL)

Plasma is a Bitcoin-anchored, EVM-compatible Layer 1 built specifically to move stablecoins cheaply at scale, headlined by zero-fee USDT transfers and backing from Tether, Bitfinex and Peter Thiel's Founders Fund. A year after its September 2025 mainnet beta launch, Plasma is expanding into consumer finance through the Plasma One neobank while absorbing its first major token unlock — roughly 1.8 billion XPL released to the team and investors on September 25, 2026.