Odaily Planet Daily reports that Ju.com will launch XPL and open the XPL/USDT trading pair at 10:00 PM Beijing time on September 25th. Plasma is a high-performance Layer 1 blockchain purpose-built for the stablecoin market. Plasma addresses the high fees, transaction failures, and poor user experience faced by existing blockchains in the $250 billion stablecoin market. Plasma offers several innovative solutions, including zero-fee USDT transfers, a custom gas token that supports stablecoin transaction fees, and the ultra-low-latency PlasmaBFT consensus mechanism. Furthermore, Plasma achieves EVM compatibility through Reth, building a scalable, censorship-resistant, stablecoin-centric settlement layer, providing enhanced infrastructure for the stablecoin ecosystem.
