List of Plasma related information and token economics for stablecoin projects BlockBeats News: On August 22nd, the second round of Binance Plasma USDT fixed-term products sold out of 250 million USDT quota within 3 minutes, attracting market attention. On June 9th, a certain address spent 39.15 ETH (worth about $100000) of sky high gas, becoming the first address to deposit Plasma, successfully pledging 10.17 million USDC to Plasma. Plasma has a strong portfolio of investors and is a Layer 1 blockchain designed specifically for stablecoins. Its goal is to optimize stablecoin payments and settlements, providing an efficient, low-cost, and secure trading experience. Plasma previously received strategic investment from Peter Thiel's Founders Fund and announced in February of this year that it had raised $24 million ($20 million in Series A funding and $4 million in seed funding), led by Framework Ventures, with participation from cryptocurrency trading platform Bitfinex, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino. On July 17th, Plasma announced the launch of its XPL token public sale, with subscription amounts exceeding $373 million and oversubscription exceeding 7 times. In addition, the beta version of the project's main network will officially launch with a total locked value (TVL) of 1 billion US dollars in stablecoins, setting a record for the fastest blockchain to reach the size of this TVL. The native token XPL token economic model has also been previously announced, with a total supply of 10 billion tokens. The specific distribution plan is as follows: Public sale allocation of 10%, XPL for non US buyers will be fully unlocked when the Plasma public mainnet beta is launched; The XPL for American buyers needs to be locked for 12 months and will be fully unlocked on July 28, 2026; The ecosystem and growth allocation is 40%, of which 8% will be unlocked immediately upon the launch of the mainnet beta, and 32% will be unlocked on a pro rata monthly basis within three years after the launch of the mainnet beta; The team will allocate 25%, of which 1/3 will be unlocked one year after the public launch of the mainnet beta version, and the remaining 2/3 will be unlocked on a monthly basis in proportion for the next two years; The investor will allocate 25%, and the unlocking schedule will be the same as the team.