Districts · Satellite islands (sidechains · independent EVM chains)
Plasma
Mainnet since September 2025. An EVM L1 built for stablecoin (USDT) payments — basic USDT transfers are free. Bridges connect it to Ethereum.
Plasma is an EVM L1 whose mainnet beta opened on 25 September 2025. It is built for stablecoins, above all USDT payments: basic USDT transfers are free because the chain itself pays the fee.
Execution uses the Ethereum client Reth, consensus is PlasmaBFT, and it advertises anchoring its records to Bitcoin. Fees for more complex transactions are paid in XPL or USDT; it is an independent L1 chain distinct from the 2017 Ethereum off-chain scaling concept of the same name.
Plasma is a specialized EVM Layer 1 engineered around global stablecoin commerce, particularly USDT. Through protocol-level paymasters, basic USDT transfers execute with zero user gas fees—eliminating the need for everyday users to hold a separate gas token.
Built on the Rust-based Reth execution client and PlasmaBFT consensus, it also anchors state checkpoints to the Bitcoin network to reinforce long-term censorship resistance.
| Type | Independent L1 (EVM) |
|---|---|
| Technology | PlasmaBFT + Reth |
| Fees are paid in | XPL |
| District weather follows | the market-cap-weighted change of this district’s tokens (XPL) |
Weather in the Monday, October 19, 2026 morning edition: 🌧 Rain −2.5% · Morning Edition →
Main tokens on this chain
- 🏦 USDT0USDT0 (옴니체인 테더)Banks & exchange counters (stablecoins)
- 🏦 USDeEthena USDeBanks & exchange counters (stablecoins)
- 🏦 EURCEuro CoinBanks & exchange counters (stablecoins)
- 🏦 GHOGHOBanks & exchange counters (stablecoins)
- 🏦 YZUSDYuzu USDBanks & exchange counters (stablecoins)
- 🏦 MSUSDMetronome Synth USDBanks & exchange counters (stablecoins)
- 🏦 EUROPEURØPBanks & exchange counters (stablecoins)
- ⛽ WETHWrapped EtherGas stations (native gas tokens)
- 🛒 FLUIDFluidMarkets & shops (DeFi tokens)
- 🛒 USDAIUSDaiMarkets & shops (DeFi tokens)
- 🛒 MSETHMetronome Synth ETHMarkets & shops (DeFi tokens)
- 🛒 WXPLWrapped XPLMarkets & shops (DeFi tokens)
- 🛒 WAPLAUSDT0Wrapped Aave Plasma USDT0Markets & shops (DeFi tokens)
- 🛒 EULEulerMarkets & shops (DeFi tokens)
A selection of the 25 tokens in the site’s registry for this chain.
Related essays
- Account Abstraction (ERC-4337 & EIP-7702): Smart Wallets Without 12-Word Seed PhrasesHow passkeys, gas fee coverage, and batch transactions make on-chain apps feel like the everyday web
- How Stablecoins (USDT, USDC, USDS, USDe) Became the Lifeblood of Ethereum CityComparing fiat-backed reserves, overcollateralized vaults, and delta-neutral synthetic dollars
- The Southeastern Harbor Islands: How EVM Sidechains and Alt-L1s Differ from L2 RollupsWhy Polygon PoS, BNB Chain, Avalanche, Sonic, Berachain, Monad, and Kaia share the EVM but run their own consensus
- Blockchains as Everyday Money: How Celo, Gnosis, Lisk, and Plasma Power Real-World PaymentsFrom mobile phone-number remittances in emerging markets to Visa debit cards and zero-fee USDT transfers
Outside links
Facts on this page are as of 2026-10 and may change. If you spot a mistake, please tell us through the contact page.