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Bitget Wallet Integrates Plasma Network to Expand Stablecoin Payment Access

Bitget Wallet Integrates Plasma Network to Expand Stablecoin Payment Access

Bitget Wallet, the leading non-custodial crypto wallet, has become the first crypto wallet to integrate direct access to Plasma, a new Layer 1 blockchain network designed to support stablecoin-based transactions. The integration allows users to connect to the Plasma testnet directly within the wallet app, enabling early access to its low-cost, high-speed transaction environment aimed at simplifying stablecoin payments on blockchain networks.

Bitget Wallet will launch free XPL test token claims through its in-app Tesnet Faucet Center, allowing users to explore the Plasma network and interact with its decentralized applications. XPL is the native token used on the Plasma network to facilitate transactions and pay for priority processing. As part of its testnet phase, XPL is distributed to users to simulate real transactions and encourage ecosystem exploration. Bitget Wallet will also collaborate with Plasma ecosystem partners to introduce user incentive campaigns, designed to drive wider adoption during the network’s development phase.

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“Our integration with Plasma opens up a new blockchain ecosystem focused on stablecoins,” said Jamie Elkaleh, CMO of Bitget Wallet. “Through free token distribution and upcoming incentives, we’re helping more users discover and explore blockchain innovations that make digital dollar payments easier and more accessible.”

Plasma is a Layer 1 blockchain developed specifically for stablecoin applications such as USDT payments. Plasma offers fee-free transactions and the flexibility to use USDT and BTC for network fees, combined with Ethereum-compatible infrastructure. Backed by investors including Tether, the network is positioned as potential core infrastructure for future stablecoin payments globally.

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