The blockchain project Plasma, backed by Tether, is ready for a big launch. According to WuBlockchain, the much-awaited Plasma Mainnet Beta Launch and XPL TGE will happen on September 25 at 8:00 AM ET.

At this debut, the network's own token XPL will go live. With this, it will become the 8th largest blockchain in the world by stablecoin liquidity.
Even before the Plasma XPL token launch, Binance has already listed XPLUSDT Futures perpetual contracts for pre-market trading on August 22, 2025.

Here’s what traders get:
Up to 5x leverage
24/7 trading
Binance Plasma XPL Beta launch USDT as the settlement currency
Funding fees settled every four hours
During pre-market trading, the fee is capped at +0.005%, and later it moves to ±2%. The mark price is calculated from the average of the last 10 seconds of trades, with a ±0.5% cap for safety.
This means Binance has already given traders a way to test the coin, even before the Plasma Mainnet Beta Launch.
The Tether backed stablecoin is starting strong with $2 billion in pegged-crypto available from the very first day. This money will be used across 100+ DeFi projects, including well-known names like Aave, Ethena, Fluid, and Euler.
The main aim is to give users:
Safe savings options
Large and deep USD₮ markets
Lowest borrowing rates for USD₮

From the launch, it will also offer zero-fee USD₮ transfers through its app. This shows why the Plasma Mainnet Beta Launch and XPL TGE date on September 25 is such an important step in the stablecoin industry.
The total supply is 10 billion XPL tokens. The network has planned the token distribution in a fair and community-friendly way.
10% of tokens were sold during the public sale.
At the listing, 25 million tokens will go to smaller depositors who finished Sonar (by Echo) verification.
Another 2.5 million coins is reserved for the Stablecoin Collective, a group that works to spread knowledge and use of stablecoins.
The rewards for this group are:
OG Members: 30,000 assets
Contributors: 15,000
Early Contributors: 7,500
As per my understanding, being a crypto analyst for a long time now, this plan makes sure that people who support the token’s ecosystem are rewarded and that ownership is widely shared.
It is a Layer 1 blockchain that works with the EVM (Ethereum Virtual Machine). It is made especially for fast, cheap, and global stablecoin payments which makes Plasma news today more important than ever.
Some key features are:
Users can deposit into vaults and withdraw USD₮0.
Low-cost transfers for payments worldwide.
Native token staking and validators keep the network safe, making sure the system is run by those who use it.
Before the Plasma Mainnet Beta Launch, here’s a simple checklist:
Keep an eye on XPLUSDT futures on Binance for price signals.
Check wallet eligibility if you joined the pegged-crypto Collective or the XPL public sale.
Visit the official app to track zero-fee transfer activation.
Decide your strategy – do you want to hold the asset for long term or trade it short term?
Watch token unlock dates, especially for U.S. participants, who will get their tokens in July 2026.
For most users outside the U.S., XPL public sale assets will be given right at debut. But for U.S. participants, tokens will only be released on July 28, 2026, because of legal rules.
Plasma mainnet beta launch and XPL TGE has already raised $27.5 million in public funding. With $2B in stablecoins ready to move and over 100 DeFi partners onboard. This asset is shaping up to be one of the biggest events in stablecoin and DeFi history this year.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.