Overview

Plasma is a high-performance layer 1 blockchain designed specifically for stablecoin payments, built with scalability, efficiency, and simplicity at its core. Unlike general-purpose blockchains, Plasma is purpose-built to optimize the stablecoin experience, enabling zero-fee USDT transfers, custom gas tokens, and confidential transactions that maintain compliance while protecting privacy. Powered by PlasmaBFT, a consensus derived from Fast HotStuff, it can process thousands of transactions per second, making it ideal for high-volume, global money movement such as remittances, micropayments, and commerce. To enhance interoperability, Plasma integrates a trust-minimized Bitcoin bridge that allows BTC to move seamlessly into the network, while Ethereum-based smart contracts can be deployed without any code modifications. To further simplify the user experience, Plasma introduces a protocol-level paymaster that sponsors gas for stablecoin transfers, allowing fees to be paid in whitelisted assets like USDT or BTC, eliminating the need for users to hold native tokens. This infrastructure is designed not only for seamless stablecoin usage but also for building a growing ecosystem of applications centered on payments and financial inclusion. Complementing this, Plasma One provides a user-friendly application that allows individuals to easily onboard, verify, deposit stablecoins, and begin spending instantly, cementing Plasma's role as a blockchain optimized for real-world money movement at global scale.

Whitepaper & Documents