Plasma @Plasma is a Layer 1 blockchain specifically designed for stablecoins, with the main goal of making stablecoin transfers more efficient, low-cost, and suitable for cross-border payments, settlements, and other scenarios. Key developments in recent months include: 1⃣ Integration with NEAR Intents: supports on-chain large-value settlements and cross-chain exchanges for over 125 assets, with prices close to centralized exchanges. 2⃣ Confirmo integration with Plasma: this enterprise payment platform, which processes over $80 million per month, now supports merchants receiving USD on Plasma with zero Gas fees. 3⃣ Leading lending market ranking: according to data, Plasma has the highest stablecoin supply/borrow ratio in the Aave V3 market, ranking second in TVL among protocols like Aave, Fluid, Pendle, Ethena, etc. The SyrupUSDT pool exceeds $200 million. 4⃣ Fluid launches on Plasma: provides deep stablecoin liquidity, suitable for payment businesses, card issuance, and fintech companies expansion. 5⃣ CoW Swap officially launched: introduces MEV-protected swaps, zero Gas transfers, and cross-chain bridging features. 6⃣ Rain supports Plasma: users and enterprises can spend Plasma USD₮ at over 150 million merchants worldwide. Overall, Plasma aims to become part of stablecoin infrastructure, solving issues of high costs and slow speeds in traditional on-chain transfers, especially suitable for emerging markets and cross-border scenarios. Whether it can sustain growth in the future depends on actual payment volume and more integrations being implemented. $XPL #plasma @Plasma