Plasma, a Layer 1 blockchain optimized for stablecoins, has processed 75 million transactions within the first month of its mainnet launch, according to Dune data. The platform has attracted over 2.2 million users, with around 20,000 new active wallets being added daily.
The mainnet's initial liquidity was $2 billion USDT0, and within two days, an additional $4.8 billion was added, bringing the total net inflow to $7.8 billion. Plasma's stablecoin supply has exceeded $7 billion, positioning it as the fifth largest blockchain globally, representing about 2% of the total stablecoin market. Key stablecoins on the platform include USDT0 and sUSDe.
Plasma Mainnet Processes 75 Million Transactions in First Month
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