- KuCoin has listed Plasma (XPL), a Layer 1 blockchain for the $250 billion stablecoin market.
- The exchange also rolled out margin, futures, Savings, Convert, and upcoming one-click buy services for XPL.
- Plasma introduces zero-fee USDT transfers, customizable gas fees, and an ultra-low-latency consensus to drive mass stablecoin adoption.
Global crypto exchange KuCoin has announced the listing of Plasma (XPL), a high-performance Layer 1 blockchain purpose-built for the $250 billion stablecoin market.
Trading for the XPL/USDT pair officially starts today, September 25, at 13:00 UTC, following a one-hour call auction. Deposits are already live via the Plasma Mainnet, while withdrawals will begin on September 26 at 10:00 UTC.
Expanded Services: Margin, Futures, Savings, Convert, and One-Click Buy
Alongside the spot listing on September 25, 2025, KuCoin has rolled out a full suite of services for Plasma (XPL), including margin trading, futures, Savings, Convert, and one-click buy.
Futures trading goes live at 13:01 UTC, with contracts settled in USDT. Each contract represents 1 XPL, offers up to 50x leverage, uses a tick size of 0.00001, and carries funding intervals every four hours at a capped rate of ±2.00%.
At 13:00 UTC, KuCoin will also launch the Savings product for XPL, offering an estimated annual yield of 4%. It features instant redemption and flexible allocation caps—10 as the soft limit and 200,000 as the hard limit per user.
By 13:30 UTC, KuCoin introduced Convert for Plasma. The feature allows zero-fee instant swaps of XPL with other supported assets via its RFQ platform.
Margin trading for XPL will open the very next day, on September 26, 2025, at 09:00 UTC. XPL will be available as both a margin and borrowable asset under the XPL/USDT pair, with a margin coefficient of 0.97.
Additionally, the one-click buy service will become available within a week of the spot listing, allowing users to buy or sell XPL directly using Visa, Mastercard, fiat balances, Revolut Pay, Blik, and P2P Express.
KuCoin Enables USDT Deposits on Plasma Network
KuCoin has extended support for Tether (USDT) by integrating the Plasma network, with deposits now officially live. Users can access this feature by navigating to the Assets section, selecting Funding Account, and then choosing Deposit to select the USDT (Plasma) network.
The exchange advised users to refer to the original English announcement for the most accurate and up-to-date details in case of discrepancies with translations.
Advanced Trading With KuCoin Bots
Once spot trading goes live, the XPL/USDT pair will be fully supported by KuCoin’s trading bot ecosystem. Users will be able to deploy automated strategies, including Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, and Spot Martingale.
AI-powered tools such as Spot Grid AI Plus and AI Spot Trend will also be available from day one. They provide a range of algorithmic trading options to help users navigate market volatility.
Plasma’s Role in the Stablecoin Market
Plasma is built to overcome key challenges that have slowed stablecoin adoption, such as high transaction fees, failed transactions, and poor user experiences.
Its technology introduces zero-fee USD₮ transfers, customizable gas fees payable in stablecoins, and PlasmaBFT, an ultra-low-latency consensus mechanism.
Built on Reth for EVM compatibility, Plasma provides a censorship-resistant, scalable, and stablecoin-focused settlement layer. This positions it as a key infrastructure for the next phase of stablecoin growth, targeting hundreds of millions of users worldwide.
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