With the launch of Plasma’s mainnet, the world’s first stablecoin chain is now live, with USD₮0 sitting at its core!

Through LayerZero’s OFT standard, USD₮0 brings omnichain liquidity to Plasma from day one with over $2B deployed at launch. As the first purpose-built stablecoin Layer 1, Plasma is reimagining how stablecoins are moved and used onchain. The network offers sub-second finality, negligible fees, and compliance-ready infrastructure, now paired with LayerZero-powered connectivity to 140+ chains.

Essentially all of today’s stablecoin activity takes place on general-purpose chains like Ethereum and Tron, which were not designed with stablecoins in mind. Every stablecoin transaction on these chains must compete for blockspace with other onchain activities ranging from DeFi trading to NFT minting, which results in fluctuating fees and settlement periods.

This changes with Plasma, the first chain to be designed from the ground up for stablecoin transactions. Plasma’s novel consensus mechanism, PlasmaBFT, introduces a pipelined approach tailor-made for high-frequency stablecoin settlement. This design allows for faster finality, deterministic confirmation times, and more efficient block production — even during periods of peak activity.

Plasma’s vision has already earned the backing of major players beyond the crypto-native world. Notably, Plasma is supported by Peter Thiel’s Founders Fund, where it joins a prestigious portfolio covering some of the most disruptive technologies of the past two decades.

USD₮0 is among the first projects to fully embrace Plasma’s stablecoin-native architecture. Our deployment brings over $2 billion in stablecoin liquidity to Plasma from the start — a massive milestone that instantly catapults Plasma’s stablecoin TVL ahead of many leading chains.

On top of that, XAU₮0, the omnichain version of Tether Gold, is also live on Plasma, bringing native gold-backed liquidity to the world’s first stablecoin chain. Like USD₮0, XAU₮0 provides a universally accessible and composable liquidity layer through LayerZero’s OFT standard, enabling omnichain mint and burn transfers powered by LayerZero.

With this dual deployment, Plasma gains:

• A native, omnichain liquidity layer for dollar and gold-backed transfers, payments, and other financial activities

• Institutional-grade finality and settlement for the most widely used stablecoin in the world

• Omnichain composability via USD₮0’s LayerZero-powered OFT standard, for seamless routing across chains

In short, this integration unlocks a fundamentally different form of stablecoin liquidity that is more efficient, accessible, and ready for high-volume, real-world value transfers.

Until now, stablecoin infrastructure has been defined by fragmentation. Siloed liquidity, wrapped assets, and unspecialized network architecture have made it harder to build powerful new financial rails that billions can rely on.

USD₮0 and Plasma mark a clean break from this past. Together, we are providing a stablecoin environment that is more scalable, secure, and interoperable than anything that came before, starting with omnichain liquidity for the largest and most trusted stablecoin in the world.

Trillions.