Plasma's Moment?
It was a brutal day for just about every top-100 token except Plasma's newly launched XPL token. Let's dig into its bull case.
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Stablecoins settled $18 trillion onchain this year, surpassing Visa and Mastercard. Yet despite this scale, stablecoin infrastructure remains immature — fragmented across dozens of chains with different fee structures, compliance requirements, and liquidity pools. Recently, we've seen multiple "stablecoin" chains emerge to solve these issues.
Two in particular have excited the industry: Tempo and Plasma.
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