Plasma has launched its mainnet with a significant XPL token airdrop, distributing over 9,000 tokens valued at $10,000 to contributors. The Layer-1 blockchain, backed by investors such as Bitfinex and Peter Thiel, focuses on stablecoins like USDT and has successfully bridged $1.1 billion in stablecoins. Its zero-fee USDT transfers are positioning it as a formidable competitor to Tron. The emergence of Plasma has sparked speculation about Tron's future, as TRX has experienced a nearly 10% decline from its August high. Market observers are closely watching how Plasma's growing influence and innovative offerings might impact Tron's market share in the stablecoin sector.