Plasma

Once billed as the “blockchain for stablecoins,” Plasma’s XPL token has plunged from its $1.67 peak to $0.31 amid low...

The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion...

Supply has surged 72% year-over-year, led by Ethereum, Solana, and Plasma’s record debut, as stablecoins begin to mirror core banking...

Chainlink will provide oracle, cross-chain and data services to the Plasma network to support stablecoin use cases.

XPL functions as a gas token, staking asset, and reward token, with a total supply of 10 billion tokens.

Also: Plasma to Launch Mainnet This Week, New Liquid Staking Token for XRP Holders, and ICP Bets Big on AI...

The stablecoin sector is entering a new phase of competition, with major players unveiling fresh initiatives to capture part of...

The rollout comes ahead of Plasma’s mainnet beta launch on September 25.

The team claims that the network will debut with more than $2 billion in stablecoin liquidity.

Open interest on Hyperliquid’s XPL market plunged from $160 million to $30 million in minutes as a trader-triggered price spike...