What is Plasma?

Symbol: XPL · Market cap rank: #170

Short answer

Plasma (XPL) is a cryptocurrency currently ranked #170 by market capitalisation.

Source: isthiscoinascam.com

Overview

Plasma is a layer 1 blockchain designed to support stablecoin infrastructure for a global financial system. It facilitates USD₮ transfers with zero fees and provides custom gas tokens to enhance access to financial services.

The blockchain aims to cover global payments and offers a range of products related to stablecoin transactions. Plasma is positioned as the native chain specifically for stablecoin payments.

Scam-risk analysis

Plasma is rated CCC on isthiscoinascam.com. Is Plasma a scam?

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