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While exploring stablecoin projects recently, I came across something unexpected, XPL (Plasma). At first glance, it felt like just another token, but digging deeper revealed something more interesting.

XPL runs as a Bitcoin sidechain but supports EVM (Ethereum Virtual Machine), which means it combines Bitcoin’s strong security with Ethereum’s smart contract capabilities. That’s a rare combo and a smart technical direction.

Even more intriguing, XPL isn’t trying to compete with everything else. It’s focused on building a zero-fee, high-speed stablecoin ecosystem. That kind of narrowed focus tends to age well in this space.

And now it’s gaining attention: BingX recently launched a trading airdrop event with prizes up to $500 for XPL traders, which signals some growing momentum.

It may not be a headline-grabber yet, but it’s definitely a project worth watching.
 

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