Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
After the speculative bubble in the crypto market, stablecoins are evolving into a true hub connecting on-chain and real-world finance. Stablecoins like USDT and USDC have long become standard tools for cross-border payments and on-chain settlements, but problems have emerged—the existing blockchain infrastructure simply cannot support large-scale, high-frequency, low-cost payment demands.
It is precisely because of this contradiction that Plasma was born. It is not a universal public chain trying to dominate the market, but a Layer 1 blockchain specifically focused on stablecoin payments. The goal is straightforward: to give stablecoins an experience similar to real-world payment tools—fast settlement, low fees, and seamless user experience.
What is Plasma’s most impressive feature? USDT transfers with 0 Gas fees. Through the Paymaster mechanism, users can complete transfers without pre-storing coins, eliminating the real usage barrier for ordinary users and merchants. Don’t underestimate this—when it comes to real-world payment scenarios, this is not just a bonus but a decisive factor for whether the platform can succeed. Users don’t care how the blockchain operates; they only care whether transfers go smoothly and what the transaction fees are.
In terms of performance, Plasma has been deeply optimized for stablecoin payments, with sub-second confirmation times and high throughput as standard features. This naturally suits various high-frequency payment scenarios, whether it’s small daily transfers or enterprise-level fund flows.