Plasma is a high-performance, scalable, and secure blockchain purpose-built for stablecoins. Traditional blockchains were designed long before stablecoins existed or gained traction. Today, stablecoins have over $225 billion in supply and see trillions of dollars transferred monthly, making them one of crypto’s most critical use cases. However, current blockchains face significant obstacles for stablecoins, such as high transaction fees, centralization issues, high transaction failure rates, and a lack of specialized features required to support stablecoins from first principles.