Mario
@marioooo
Plasma - The purpose built chain for the Stablecoin bullrun 'Trillions' 🐂 All the hype is around stablecoins. Is this crypto’s killer use case? The $220B+ stablecoin market cap would suggest so. Wait, but how do I allocate to the stablecoin bullrun? They’re built to escape volatility, a flight to safety. USDT to $2? Yeah, right. Plasma - The purpose built blockchain for stablecoins. The chain with the security of Bitcoin, the programmability of Ethereum and the speed of Solana. A place to empower this asset class, a home for stablecoins.
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Mario
@marioooo
What Makes Plasma different? Fee-less Transfers 💸 Stablecoins are chain agnostic, we swap into them to 'cash out'. They've brought great stability to the space. However, each swap, each transfer, each bridge incurs a cost. Your money may be stabled but the gas fee's will chip away at your balance. You'll always need to set aside that 'little extra' to pay for transactions. Plasma fixes this. Plasma offers fee-less transfers on the largest stablecoin in the market, USDT. This allows you to move money freely with no extra cost. This is the peer-to-peer payment system crypto promised. No more bank fees when sending money to family overseas. No more outrageous Ethereum fees. Your balance will truly stay the same. With Plasma, $100 in means $100 out.
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Mario
@marioooo
Plasma the chain 💡 Plasma is a scalable and secure EVM compatible bitcoin sidechain. What does this mean for Plasma? Plasma gains the time tested security of the number one blockchain, Bitcoin. The programmability of Ethereum through EVM compatibility. And the speed of Solana, facilitating thousands of transactions per second. Bitcoins Security 🔐 Anchoring Plasma’s state to Bitcoin eliminates single points of failure and removes the need for centralised trust. Plasma doesn’t rely on a single administrator or fragile validator set for security. Instead, it inherits Bitcoin’s battle-tested decentralisation, distributing trust across the most secure blockchain in existence. While Plasma draws its security from Bitcoin, it doesn’t inherit Bitcoin’s speed limitations. As a sidechain Plasma is free to innovate, delivering high throughput, low latency, and EVM programmability all while anchoring its state to Bitcoin.
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Mario
@marioooo
EVM Compatibility👷♂️ Developers can deploy EVM-based smart contracts on Plasma without changing a single line of code and skip the hassle of expensive re-audits. End users can transfer stablecoins effortlessly using supported wallets and integrations. No new UX to get used to. Same old wallet. It’s plug and play for devs and frictionless for users. Solana like throughput 🔄 PlasmaBFT, derived from Fast HotStuff, can process thousands of transactions per second. This high throughput will support mass adoption and accommodate the large volume of transactions associated with fee-less transfers.
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Mario
@marioooo
Deep Liquidity 🌊 From day one, Plasma will launch with deep liquidity, thanks to strategic partnerships. Plasma is supported by USDT, the largest stable coin, directly connecting Plasma with $141B of USDT across multiple chains. Unlike newer chains that struggle to attract capital. Plasma won’t be dipping its toes, it’s diving straight into the deep end.
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