High Tower
@htwtech
1/12 @Tether_to processed $15 trillion last year but you still can't buy coffee with $USDT. The fees and delays kill everyday payments. @PlasmaFDN launched testnet July 15 to fix this. Purpose-built L1 for stablecoin transactions at internet scale https://t.co/7LZx8EtRiK 2/12 Plasma built everything around stablecoin payments. Their PlasmaBFT consensus (Fast HotStuff variant) runs multiple stages in parallel for fast finality under load. Seconds to confirm, then it's done and irreversible
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High Tower
@htwtech
3/12 Developers get the usual EVM setup - deploy your Solidity contracts as-is. They're running a modified Reth client in Rust, so @HardhatHQ, @TheFoundryTeam, and @MetaMask work out of the box. Basically Ethereum tooling but optimized for payments 4/12 The big deal: $USDT transfers cost zero. Plasma covers the gas through a protocol paymaster. You send $5, they receive exactly $5. Now you can actually pay for a $3 coffee with crypto 5/12 Suddenly new payment models work.
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High Tower
@htwtech
Streaming platforms charging per second of content. Games dropping penny rewards. API calls billed per request. When fees exceed the payment value, these models break 6/12 @PlasmaFDN also lets developers customize gas payments. Users can pay fees in stablecoins or other assets instead of $XPL. New users start transacting immediately without hunting for gas tokens first
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High Tower
@htwtech
7/12 They're building a Bitcoin bridge using multi-party computation too. Multiple parties control the bridge together, preventing single custodian risk. Move Bitcoin onto Plasma, swap for stablecoins, move it back. All trust-minimized 8/12 What you can actually do: 🟢Global payouts (pay contractors in $USDT daily) 🟢Merchant payments (instant settlement, zero chargebacks) 🟢Emerging markets (dollar access without banks) 🟢Cross-border remittances in seconds
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High Tower
@htwtech
9/12 Look who's funding this: Tether put in $24M alongside @Bitfinex and @peterthiel's fund. @paoloardoino (Tether's CTO) is hands-on with development. When the biggest stablecoin issuer backs your chain from day one, adoption follows 10/12 Big names already aligning with Plasma: @CurveFinance for stablecoin swaps @ethena_labs with its synthetic dollar @LayerZero_Core connecting 35+ chains at launch Multiple DeFi protocols preparing integrations
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