$XPL ’s Role in Plasma’s Permissioned Cross-Border DeFi: Utility, Incentives, and Network Function
As @Plasma positions itself around permissioned cross-border DeFi, the role of XPL becomes more than just a tradable token. It acts as the core coordination layer that connects infrastructure, incentives, and governance within the network.
Plasma focuses heavily on stablecoin-based payments and compliant financial flows, especially for cross-border use cases where reliability and regulation matter. In this structure, stablecoins are the medium of exchange, but XPL powers the underlying system tha