Hello everyone, today I want to share with you a new public chain that is stirring up the stablecoin field.

This is a high-performance Layer-1 designed specifically for global stablecoin infrastructure. In simple terms, it aims to make the speed of money flow as fast as information. The project mainly focuses on the application ecosystem of stablecoins like USDT.

Let's talk about its core competitiveness. The first is outstanding performance — it adopts the PlasmaBFT consensus mechanism, capable of achieving sub-second final confirmation and processing thousands of transactions per second. Moreover, it is fully compatible with EVM, so migrating applications from Ethereum is basically seamless. The second highlight, which may attract users even more, is zero gas fee stablecoin transfers. How is this achieved? Users can pay transaction fees directly with USDT, eliminating the need to hold native tokens, which is especially friendly for cross-border payments, merchant settlements, and daily transfers.

In terms of ecosystem support, many leading protocols are already onboard. DeFi giants like Aave V3, Fluid, Pendle, and Ethena have integrated, placing the stablecoin liquidity ranking in the second tier of DeFi. The SyrupUSDT liquidity pool's TVL has already exceeded $200 million, demonstrating the potential for institutional-grade asset management.

Now, let's look at the native token XPL. It serves as the anchor for chain security, ensuring ecosystem stability through staking and node validation; at the same time, it acts as a vehicle for value capture, with major exchanges like Kraken, OKX, and Binance supporting it, continuously increasing liquidity; it also aims to drive new features like native Bitcoin bridging and privacy payments.

The project itself has substantial backing, with details on funding and team available online. Overall, in the stablecoin track, this project definitely has some real substance.