PANews reported on October 31 that, according to Dune data, Plasma, a Layer 1 project optimized for stablecoins, processed 75 million transactions on its mainnet within 30 days of launch, averaging about 2 million transactions per day, and has accumulated over 2.2 million users, with approximately 20,000 new active wallets added daily recently.

Plasma's mainnet initial liquidity was $2 billion USDT0. Two days after launch, an additional $4.8 billion flowed in, bringing the current net inflow to $7.8 billion. The stablecoin supply has surpassed $7 billion, making it the 5th largest blockchain globally, accounting for approximately 2% of the total stablecoin market. Major stablecoins include USDT0 ($4.9 billion) and sUSDe ($1.25 billion).