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PLASMA: POWERING THE FUTURE OF GLOBAL PAYMENTS WITH STABLECOINS

0xb44d57a251da397bcbe33cfbbef567e9fed151fc@newsletter.paragraph.com (Untitled) — Sat, 26 Apr 2025 13:47:51 GMT

Stablecoins will continue to play bigger roles in global finance.

Stablecoin adoption and usage are growing at staggering rates. Thanks to their ease of use, lower costs, 24/7 availability, stablecoins are increasingly becoming the preferred method for digital payments and global transactions.

Stablecoins give access to the dollars, which is important for people living in developing countries.

Some compelling data points from 2024 reflect just how significant this shift has become:

30% of global remittances were processed using stablecoins, highlighting their growing role in everyday financial flows.
Stablecoin transfers reached $27.6 trillion in 2024, surpassing the combined transaction volumes of Visa and Mastercard by 7.7%.
Stablecoin supply peaked at $200 billion, and by the end of 2024, they made up 1% of the entire U.S. dollar (M4) supply, a 60% increase from the previous year.
Stablecoins also accounted for 35.5% of all crypto-based payment transactions in 2024, up from 25.4% in 2023 and 16% in 2022.

These numbers paint a clear picture. Stablecoins are not just a niche crypto anymore. They are quickly becoming an important part of the evolving global payment infrastructure.

As the demand for faster, cheaper, and borderless payment options rises, stablecoins are set to play an even more prominent role in reshaping finance worldwide.

What is Plasma

Plasma is a high-throughput, scalable L1 blockchain purpose-built for stablecoins with the ability to handle thousands of transactions per second.

Plasma is a purpose-built L1 tailored for payment-specific features.

Raised $24m

Backed by Bitfinex, built for Tether, the leading Stablecoin issuer.

Why do we need Plasam? Where current stablecoin payments fall short:

While stablecoins have revolutionised digital payments, they still face major limitations.

The majority of stablecoins are on Ethereum, which often struggles with network congestion, high gas fees, and limited throughput.

These issues become critical barriers when trying to support millions of microtransactions or real-time remittances at scale.

If stablecoins play an even bigger role in global finance, they will have to be highly scalable, faster and cheaper.

What Plasma Brings to the Table

Gasless USDT Transfers

With Plasma, sending stablecoins like USDT becomes completely gas-free. That means you can transfer money from Point A to B for $0 in fees

This makes it ideal for microtransactions, remittances, and everyday payments.

Massive Scalability

Plasma is capable of processing thousands of transactions per second, it will be able to support real-time, high-volume activity.

Whether it's daily retail payments or international business settlements, Plasma scales to meet global demand.

Privacy & Confidentiality

Traditional payment methods don’t expose your entire transaction history to the recipient.

Plasma aims to bring the same level of privacy to blockchain payments.

It plans to enable confidential transfers, ensuring that users maintain control over their financial visibility without compromising security.

Programmable Payments

Beyond just moving money, Plasma enables smart, programmable transactions

More about programmable payments in this article by** @nathan**

Plasma isn’t just another L1 Blockchain project—it’s laying the foundation for what payments should look like in the future.

Fast, free, private, and built to scale.

Whether it's sending money to family across borders or powering everyday purchases, Plasma is making stablecoin payments smarter and more accessible for everyone.

Learn More about Plasma here: Plasma website

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PLASMA BLOCKCHAIN: POWERING THE FUTURE OF GLOBAL PAYMENTS WITH STABLECOINS

0xb44d57a251da397bcbe33cfbbef567e9fed151fc@newsletter.paragraph.com (Untitled) — Sat, 26 Apr 2025 13:17:50 GMT