Odaily Planet Daily market data shows that the XPL contract price briefly broke through $0.8 due to Plasma's launch of stablecoin native financial applications, and is now trading at $0.811, a 24-hour increase of nearly 15%.

Earlier news, Plasma announced the launch of the stablecoin native financial application Plasma One , which supports payments directly from stablecoin balances while earning more than 10% in returns, focusing on markets with the highest demand for US dollars.