Plasma Mainnet Beta Launches with $2B Stablecoin Liquidity

Plasma’s Mainnet Beta launches on September 25, 2025, with $2 billion stablecoin liquidity, marking a significant milestone in the blockchain sector.

The launch positions Plasma as the eighth-largest blockchain by stablecoin liquidity, with broad implications for decentralized finance (DeFi) ecosystems and the lending market.

Plasma Introduces $2B Stablecoin Liquidity and XPL Token

Plasma’s Mainnet Beta launch introduces $2 billion in stablecoin liquidity, accompanied by the introduction of its native token, XPL. The platform collaborates with over 100 DeFi protocols to enhance stablecoin utilization.

Among these partnerships are Aave, Ethena, Fluid, and Euler, marking a significant collaboration. The mainnet aims to provide industry-low borrow rates for Tether (USD₮), boosting market utility.

Plasma Ranks as 8th Largest Blockchain by Liquidity

The event establishes Plasma as the 8th largest blockchain by stablecoin liquidity. It influences global DeFi markets by enabling deep stablecoin utility and low borrowing rates, which can appeal to both individuals and institutions.

Ramon Salinero, Executive at Plasma, stated: “From the beginning, we’ve built Plasma alongside our community… in just over 30 minutes more than $1B in stablecoin liquidity was committed to our vaults to earn the right to participate in our public sale… $373M in commitments, far surpassing our cap of $50M by a 7x multiple”. The combination of $373 million in initial commitments and zero-fee USD₮ transfers indicates robust community support and potential long-term impacts on savings and lending markets.

Plasma’s Approach Mirrors Successful Binance Campaign

Plasma’s approach is compared to its previous USD₮ product on Binance Earn, noted as the largest campaign of its kind. This successful precedent highlights a trend of significant capital engagement in new launches.

Future outcomes could see Plasma’s model becoming a standard in stablecoin-driven ecosystems, potentially leading to wider adoption of DeFi protocols and increased cross-chain operations based on prior industry patterns.