Plasma (XPL)

A single job — moving stablecoins — shapes the design of the Plasma network. Dollar transfers are meant to be cheap and fast, and the protocol itself can absorb the fee so that a sender needs no separate token for gas. The chain is compatible with the Ethereum virtual machine and periodically anchors its state to Bitcoin. That narrow aim sets it apart from general-purpose smart contract platforms. XPL secures the network and its consensus.