Plasma (XPL)

Neobanks are heating up again ! $XPL launched Plasma One, its flagship banking product. $TEL launched the first regulated on-chain US bank accounts. The US just voted to block a digital dollar i.e. CBDC But, WTH ARE NEOBANKS? 1️⃣ Neobanks are basically banks that live entirely on your phone No branches, no lines, no boomer paperwork. you sign up in minutes, get a card, and manage everything from an app. think chime, revolut, nubank. they partner with real FDIC-insured banks behind the scenes so your money is still protected. 2️⃣ They're eating traditional banking alive and CT should care Nubank alone has 100M+ customers. revolut is basically becoming a financial super-app with crypto and investing built in. this is the infrastructure layer that normies are already using daily - the same normies crypto needs to onboard. 3️⃣ The crypto connection is already happening Neobanks like Revolut already let users buy/sell crypto, hold multiple currencies, and move money globally with near-zero fees. they're the trojan horse bringing crypto to everyday people without them even realizing they're "in crypto." this matters way more for adoption than another L2 launch. 4️⃣ They solve real problems traditional banks refuse to No monthly fees, no minimum balances, higher savings rates, instant notifications, early paycheck access. perfect for freelancers, gig workers, younger people, and the underbanked - basically the same demographics crypto targets. if you're building or investing in anything payments-related, neobanks are either your competition or your distribution channel. 5️⃣ The risk nobody talks about Most neobanks don't actually hold banking licenses themselves. they're middleware sitting on top of traditional banks. if the partner bank pulls the plug or regulators crack down, things get messy fast. CT people of all people should understand counterparty risk - your neobank is only as strong as the bank behind it. Crypto wants mass adoption. Neobanks already have it.

The coin's monthly candle turned into crap send to $1 / $XPL https://t.co/SfWyS1aOQG

very bullish for $XPL imo, $USDT by Tether has most of its volume flowing through $TRX (tron) -- this greatly legitimizes them and increases their incentive to push volume onto a chain where they have more control and ownership

She asked me about my name but claude is down so I just opened HL & shorted XPL

Since everyone is talking about @Plasma One. ICYMI, Plasma One is the stablecoin-native neobank and Visa card issued by Plasma, with 3 tiers offering different cash-back earned through $XPL lock-up: + Lite: 2% base + Core: 3% base and 5% on AI spending + Platinum: 4% base, 10% on AI spending, and 10% on flights Coming to the arguments, which customer segment does Plasma One suit? To me, the platinum tier seems to be best suited for teams and SMEs. Do the math; the amount you're spending on AI as an individual is probably less than $100/mo - which is $1,200/yr and $120 cashback if you lock $10k in XPL. This seems unprofitable for single use. Anyway, Plasma is the pioneer in offering cash back on AI spending, bravo.

2% fee on every single swipe for a $100 ChatGPT credit. $XPL stakers calling this an 8.2/10 is actually insane.

$XPL this one got shilled super hard but probably not interested in buying until lower. This region should theoretically be support but this one always trades weird. I'll probably stay away. https://t.co/WTL1uBnvu3

$XPL giving signs of life. https://t.co/iZxqHmRtVA