Stablecoins reaching a new state of matter ⚡ Pyth is live on @Plasma — a high-performance L1 purpose-built for stablecoin payments with $8B+ TVL. Institutional grade data for stablecoins, RWAs, and more are now available to power the next wave of global payment infrastructure. 🧵
Plasma is designed for what crypto does best: stablecoin payments. With over $250B in stablecoin supply moving trillions monthly, Plasma delivers the infrastructure to match that scale: - Zero-fee USDT transfers - Custom gas tokens - Confidential payment support - Full EVM compatibility
Plasma is built on three pillars: - PlasmaBFT consensus for fast finality and high throughput - Trust-minimized Bitcoin bridge for programmable BTC - Full EVM compatibility on Reth Performance where it matters. Compatibility where you need it.
On day-1, Pyth launched its $XPL feed enabling builders to integrate it on Plasma and 100+ blockchains permissionlessly.
Fully charged, fully priced! $XPL is the token of @PlasmaFDN, a stablecoin infrastructure and neobank, and is now live across 100+ blockchains.
Pyth feeds are already powering blue-chip stablecoins and RWAs on Plasma including: - @ethena_labs — sUSDe, USDe - @maplefinance — syrupUSDT, syrupUSDC - @CurveFinance — crvUSD - @aave — GHO - @Tether_to — USDT - @centrifuge
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