Odaily Planet Daily reported that Tether-backed Plasma announced that it plans to hold TGE on September 25. The mainnet test version will be launched together with the native token XPL. XPL will become the eighth largest stablecoin blockchain. It is expected that $2 billion worth of stablecoins will be put into use on the first day of launch. The funds will be deployed in more than 100 DeFi partner platforms, including Aave, Ethena, Fluid, Euler, etc.
