The stablecoin supercycle accelerates.
Plasma mainnet and $XPL token launch
is set to happen next week. It’s currently trading at $0.66 or $6.6B FDV on pre-market.
This will be one of the biggest launches we’ve seen in a long time, for several reasons:
- will have $2B in TVL on launch
- blue chip DeFi protocols live from day one
- mkt will treat it as pseudo-tether equity
- first payments chain to go live
- team is cracked
- market appetite for stablecoin exposure is near infinite
When our fund invested in Paul & Plasma, we knew there would be competition but we also knew there was a category leader.
That was Plasma and still is.
Trillions.
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