The core pain point of stablecoin payments is actually very simple: gas fees are too high, making small transactions not worthwhile. Especially in markets like Southeast Asia and Latin America, where high-frequency small transactions are common, a few dollars in remittances are eaten up by gas fees, which is simply not feasible.

As a Layer 1 focused on stablecoin settlement, Plasma fundamentally solves this problem. It adopts a gas mechanism that prioritizes stablecoins, with almost zero fees when paying with USDT. Coupled with the sub-second PlasmaBFT consensus, transaction confirmation is extremely fast, completely transforming the on-chain payment experience.

What does the actual scenario look like? Overseas workers can send money home at zero cost, and merchants receiving USDT payments don’t have to worry about price fluctuations. Plasma has already established deep collaborations with payment service providers like Oobit, Rain Cards, and LocalPay, covering Visa networks and local QR code payments, with offline scenarios already deployed.

The most impressive feature is EVM compatibility. Based on the Reth execution layer design, existing wallets and applications can run directly on Plasma, so users don’t need to switch tools. Exchanges like Kraken and Cobo already support deposits and withdrawals, and Holyheld’s card products allow on-chain USDT to be used directly for card payments. Liquidity protocols like syrupUSDT and Aave have also integrated, enabling idle stablecoins to generate yields.

From a security perspective, Plasma uses a Bitcoin-pegged mechanism to strengthen network neutrality and resistance to censorship, avoiding the risks of a single consensus while maintaining high throughput.

The true goal is to bring stablecoins back to their essence as everyday currency, rather than just an investment asset. With more merchants and payment gateways joining by 2026, gasless transfers are expected to become a key driver in onboarding hundreds of millions of retail users onto the blockchain.