TLDR:
- Plasma mainnet beta launches September 25 with $2B stablecoin liquidity and 100+ DeFi partner integrations.
- Users will access zero-fee USD₮ transfers through Plasma’s dashboard during the beta phase.
- XPL token distribution includes 25M for early depositors and 2.5M for Stablecoin Collective members.
- Binance Earn partnership previously drove $1B in vault deposits, the largest campaign in its history.
Plasma is preparing for its biggest milestone yet. The blockchain network confirmed its mainnet beta will go live on September 25. Alongside the launch, the platform will roll out its native token, XPL.
More than $2 billion in stablecoins will be active from day one. The team said the goal is to deliver immediate utility, including savings and cheaper stablecoin borrowing.
Plasma Mainnet Beta Targets Utility and Liquidity
According to Plasma’s announcement, more than 100 DeFi partners will support the network at launch, including Aave, Euler, and Fluid.
Stablecoin deposits will bridge directly to Plasma, allowing users to withdraw USD₮0. The project will also enable zero-fee USD₮ transfers via its dashboard during the beta phase.
The launch follows a campaign that committed over $1 billion in stablecoin liquidity in just over 30 minutes.
Public sale commitments reached $373 million, more than seven times the target cap of $50 million. That early momentum led to a partnership with Binance Earn, which drove the first onchain USD₮ yield product and quickly hit a $1 billion cap.
Plasma said mainnet beta aims to deliver the largest day-one stablecoin liquidity in blockchain history. The network is positioned as a hub for savings, payments, and lending markets centered on USD₮.
XPL Distribution and Community Role
XPL will power Plasma’s validator network and governance model. Ten percent of the token supply was sold to public sale participants. At mainnet beta, an extra 25 million XPL will go to smaller depositors verified through Sonar by Echo.
Plasma also reserved 2.5 million XPL for members of the Stablecoin Collective, a community initiative that helped educate and onboard early users. Wallet verification for rewards will open on Discord for a week.
Allocations range from 7,500 XPL for early contributors to 30,000 XPL for OG members.
For non-US participants, XPL will be distributed at launch. U.S. participants will receive tokens on July 28, 2026, in compliance with securities rules. The distribution structure, according to the team, ensures broad ownership and aligns incentives between builders, validators, and users.
