Ahead of the launch of MainNet Beta and XPL on September 25th, Plasma has introduced Plasma One, combining savings, spending and Stablecoin payments with one app.
Companies developing plasma and infrastructure Stablecoin– The base financial system has introduced its flagship product, Plasma One, in anticipation of the launch of the mainnet beta and the rollout of the native token XPL. The announcement comes as the project prepares for a transition from development to operational phase, and is set to MainNet beta on September 25th, 2025 at 8am. The move places the plasma expanding its role in promoting digital dollar transactions and related services. By combining accessible apps and advances in the underlying network, the project aims to address practical needs in the global money movement and leverage partnerships and community engagement to build an ecosystem.
Introducing Plasma 1: A unified tool for financial management
Plasma One is a central component of the company’s product lineup, designed as Neobank, which integrates storage, spending and revenue capabilities into a single application. Users can manage the Stablecoin balance, especially the US dollar, while accessing features such as direct payments from harvest accounts. The app supports spending on physical or virtual cards that offer up to 4% cashback, expanding ease of use to over 150 countries and 150 million merchants worldwide. This broad coverage allows individuals from diverse markets, including Istanbul, Buenos Aires, and Dubai, to handle everyday transactions without traditional banking hurdles.
One thing that sets the plasma apart is its focus on efficiency. Onboarding takes several minutes and you can quickly access your virtual card after signing up and verifying. Third-party charges may apply, but USD transfers occur without charge via the app’s integrated route. Additionally, the app may eliminate additional costs for Forex, deposits, withdrawals or expenditures and appeal to users looking for a simple financial tool. Security remains a priority. Stablecoins are detained by the users themselves, and Plasma does not directly retain user assets as they reduce the specific risks associated with the centralized platform.
Built on Plasma’s own network, the app serves as a practical test site for your project’s payment infrastructure. Plasma developers will improve the system through user feedback, and ultimately make the components available to external teams to build similar applications. This approach not only streamlines internal operations, but also encourages wider adoption by providing proven tools for institutions, wallets and payment services. As the rollout progresses in stages over the next few months, the users of interest will be waitlist Earn early access and contribute to its evolution.
Bridge stub coins and daily use features
In a deeper dive, Plasma One incorporates elements that make Successible Coins more accessible to non-experts. For example, users can earn 10% or more on their balance while using those funds for payments, allowing them to blend their spending in a seamless way. Issuing cards processed through a partnership with Signify Holdings under a Visa license ensures compatibility with the Global Merchant Network. This integration reflects the plasma’s focus on real-world applicability that allows digital dollars to support remittances, small business operations and personal funding in emerging markets.
The app’s design draws from insights gathered in high demand regions where access to stable currency helps maintain purchasing power amid local economic challenges. By prioritizing unauthorized access, which means that traditional approval is not required, plasma can simplify the process by which legacy systems often complicate delays and fees.
Mainnet Beta Preparation: Milestones in Network Development
Future mainnet beta represents a critical step in plasma and introduces plasmabut, a consensus mechanism optimized for high-throughput stable coin transactions. At launch, the network has $2 billion in Stablecoin liquidity, ranking among the top blockchains in this category. Capital will be deployed over 100 defi Partners including Aave, Ethena, Fluid and Euler support lending, borrowing and power generation activities.
Participation in the beta is based on previous campaigns, including a deposit drive where over $1 billion was committed in just 30 minutes. Users who have validated the sonar process by Echo and participated in public sales are eligible for involvement. This beta, along with plans to expand this functionality as testing progresses, will allow for zero-fee USD₮ transfers first within the plasma product. Vault Deposits will be bridged to the mainnet, allowing USD withdrawals and marking the completion of the final stage of the launch. Through the app.plasma.to dashboard, users can be involved in these transfers and test the complexity, speed and security of their network.
Plasma’s infrastructure highlights the efficiency of global applications, including payments, forex and merchant networks. Partnerships like Binance wins In the case of Onchain USD, winning products capped at $1 billion is highlighting the size of the project. Furthermore, collaboration with fluid For capital efficient DEX operations rain When issuing crypto cards, the ecosystem will be strengthened and the use of USD by millions of merchants will be possible.
XPL Tokens: Ecosystem Ensuring and Incentives
In addition to the MainNet beta, Plasma launches XPL. This is a native token designed to protect your network and adjust validator incentives. The distribution of tokens has shown strong interest, starting with non-US participants in public sales, raising $373 million against the $50 million cap. US participants will receive their allocation on July 28, 2026 to comply with regulations.
An additional 25 million XPL tokens will be sent to small depositors who have completed verification and participated in the sale, while 2.5 million are reserved to members of the Stablecoin Collective. This is a community group focused on education and adoption. Assignments vary by role: 30,000 XPL for original members, 15,000 contributors, and 7,500 for early participants. Eligible users can view their wallets via Discord to claim these tokens.
The role of XPL extends to network governance and security, supporting the plasma’s purpose of handling large-scale stub coinflows. Tokens are not registered as US security, rely on exemptions and have restrictions on transfers and resale.
Ecosystem expansion and team growth
To support these launches, Plasma strengthened its team with major employment in payments, institutions, products and security. Adam Jacobs brings together his experience with Binance and FTX and leads global payments. Pascal Bourgi heads the efforts of the institution with a background in Goldman Sachs. Murat Firat oversees product developments informed by his roles at Coinbase and Bilira. Usmann Khan manages protocol security as a top bug bounty researcher. These additions are aimed at enhancing coverage and payment methods across the country while ensuring robust infrastructure.
Partnerships enrich the ecosystem. Integrated with USD AAVE at the time of the launch of the inave ryutidity markets and Binance for High Campaigns Position Position Plasma for remollial TVL. Stablecoin Collective plays an active role, is qualified for XPL distribution and promotes community-driven growth.
Plasma advance
As the plasma moves towards the launch of the mainnet beta and XPL, the introduction of Plasma One provides a user-friendly entry point for that technology. This combination could encourage wider adoption of stubcoin by simplifying access to yields, transfers and spending. Focusing on $2 billion in initial liquidity and scalability, the project sets the stage for expanded financial services.
What is plasma and how does it work?
Plasma One is a Neobank style app that combines saving, spending and gain capabilities on one platform. Users can manage their USD balances, earn 10% or more yields and spend via visa-driven cards accepted by more than 150 million merchants worldwide.
When will the plasma mainnet beta and XPL token be launched?
Plasma MainNet Beta and XPL tokens are scheduled to launch at 8am on September 25th, 2025 (East US). The launch introduces Plasmab Feet, optimized for high-throughput stubcoin transactions, with initial liquidity of $2 billion.
What makes plasma different from traditional banking apps?
Plasma One highlights efficiency and does not offer immediate virtual card issuance, zero-fee USD retreat, withdrawal, or forex surcharges. Users also retain custody of Stubcoin, providing greater security compared to centralized platforms.
How are XPL tokens used in the plasma ecosystem?
XPL is a native plasma token designed to protect your network, encourage validators and support governance. This was distributed through a $373 million public sale and includes allocations to verified depositors and members of the Stablecoin Collective.
Where can I use Plasma 1?
Plasma One is available worldwide, covering over 150 countries and regions, including emerging markets such as Istanbul, Buenos Aires and Dubai. Its design prioritizes accessibility for users who may face challenges in traditional financial systems.
source:
- Plasma MainNet Beta and XPL launch announcement (Plasma Insights): https://www.plasma.to/insights/plasma-mainnet-beta-and-xpl
- Introducing Plasma One (Plasma Insight): https://www.plasma.to/insights/introducing-plasma-one-one-app-for your money
