Plasma and WLFI are intensifying competition in the PayFi sector by introducing debit card solutions aimed at the stablecoin payment market. Plasma has unveiled its stablecoin-native financial app, Plasma One, offering significant returns to users. Meanwhile, WLFI co-founder Zak Folkman announced the upcoming launch of a debit card compatible with Apple Pay and USD 1 stablecoin. Both initiatives seek to capitalize on the expanding stablecoin market, which now exceeds $295 billion in total value, to gain a competitive edge in the burgeoning PayFi industry.