Plasma, a Layer 1 blockchain specializing in stablecoins, has partnered with Daylight Energy to introduce two new tokens: GRID, a stablecoin, and sGRID, a yield-bearing token. The announcement led to a 10% surge in Plasma's native token, XPL, which reached $0.325, boosting its market cap to $607 million. GRID will be fully backed and redeemable by M0, while sGRID offers holders the opportunity to earn yield from Daylight Energy's electricity revenues. This collaboration marks a significant step in integrating blockchain technology with real-world infrastructure, allowing investors to gain on-chain exposure to electricity yields through a single token. Plasma's mainnet beta launched on September 25, 2025, as the stablecoin and yield-bearing asset market cap reached $304 billion.