Plasma goes live: $2 billion on the new blockchain!
Plasma launches mainnet beta on September 25, 2025 with $2 billion stablecoin liquidity and XPL tokens for DeFi partners.

Plasma goes live: $2 billion on the new blockchain!
On October 10, 2025, the Plasma blockchain project will take a big step in the DeFi world. The mainnet beta launched on September 25, 2025 at 8:00 AM ET, backed by an impressive $2 billion in stablecoin liquidity. This capital not only demonstrates the company's ambitions, but also positions Plasma among the top 10 blockchains by locked stablecoin value. The liquidity comes from Plasma's vaults, which have been prepared for migration to the new chain, which promises great security for users.
In addition to liquidity support, Plasma has attracted over 100 DeFi partners, including prominent names such as Aave, Ethena, Fluid and Euler, involved in the platform. These partnerships are intended to not only advance development, but also expand Plasma's user base.
Innovations and services
A key feature of Plasma is the launch of a native stablecoin called USD₮0. This new currency will allow users to make fee-free USDT transfers via a specially designed dashboard. However, this free offer initially only applies to transfers within Plasma's own products. To enable these services, PlasmaBFT, a tailor-made consensus mechanism, is used to ensure network security.
The launch of the XPL token to support the network is another strategic step. XPL will not only help secure the network, but also enable community participation and ownership. Of the token's total supply, 10% is earmarked for public sale, with 25 million XPL distributed to smaller depositors who have successfully completed KYC verification. In addition, 2.5 million XPL are reserved for members of the Stablecoin Collective.
Distribution and future prospects
The distribution of the XPL token will be structured internationally. Non-US participants will receive their allocations at launch, while allocations for US participants will not occur until July 2026 due to current regulations. This clear division demonstrates Plasma's commitment to regulatory compliance and responsibility when dealing with different markets.
Overall, Plasma presents itself with a well-thought-out and innovative concept that aims at growth and security in the DeFi landscape. With the support of significant partnerships and a clear plan for token distribution, Plasma could play a key role in the market for stablecoins and blockchain technologies. For more information about the developments, those interested can read the article Crypto News read up.