According to Kite AI, with the support of PayPal, they are also launching a zero Gas stablecoin public chain this time. Plasma is backed by Tether's affiliated company Bitfinex, and this time it has been deeply integrated with USDT. Kite AI has received support from PayPal and utilized PayPal's e-commerce payment network, which is now regarded by the market as the PayPal public chain. Interestingly, PayPal's stablecoin PYUSD, although launched later, has grown very rapidly and is soon expected to surpass USD1, becoming the fifth largest stablecoin in the world. So for those interested in stablecoin public chains, keep an eye on the subsequent developments of Kite AI.
The successful launch of @Plasma proved one critical thesis: Stablecoins are emerging as the essential infrastructure for the next-generation global payment system. Kite @GoKiteAI is building the foundational layer for this future—the world's first stablecoin blockchain for the agentic internet. We are here to power the biggest users in stablecoin payments: AI Agents. Kite differentiates from other payment blockchain: ✅Instant, stablecoin-native transactions with near-zero gas fees, purpose-built for AI-to-AI interactions. ✅A Trusted Agent Layer: Beyond transactions, agents acquire verifiable identities and participate in programmable governance systems. ✅Supported by the biggest e-commerce payment network backed by our leading investor: PayPal Today, consumers use an iPhone to browse and shop, and a credit card to pay. In the future, they will use AI Agents to act, pay, and coordinate—all on Kite.
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