Gem Wallet takes another major step toward creating a truly user-friendly multichain wallet. We’re excited to announce the integration of Plasma Blockchain — now the Gem Wallet community can send, receive, and manage Plasma assets and stablecoins directly, without limits.
Gem Wallet Fully Supports Plasma Blockchain
Thanks to the integration of Gem Wallet with Plasma Network, users gain access to a network built specifically for stablecoins — where digital dollars move instantly, easily, and with almost zero fees. Since Gem Wallet already works with more than 20 popular stablecoins, including USDT, USDC, RLUSD, and others, the connection of Plasma Blockchain further expands the possibilities of our users — offering faster and almost free USDT transfers, gas payments in stablecoins, and instant swaps with minimal fees. Now storing and using digital assets in Gem Wallet becomes even easier, while transactions are truly seamless and cost-efficient.
What Is Plasma Blockchain?
Plasma Blockchain is a new Layer-1 network designed specifically for stablecoin payments. It’s fully EVM-compatible (Ethereum Virtual Machine) and uses the native token XPL.
Plasma Network offers:
- Possible zero-fee USDT transfers
- Gas payments in stablecoins
- Support for private transactions and instant settlements
Benefits for Gem Wallet Users With Plasma Integration
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Full Control: Gem Wallet is a self-custody wallet — only you control your crypto and keys.
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100% Open Source: The code of Gem Wallet is open to the community — anyone can verify how everything works inside the wallet, with no hidden mechanisms or intermediaries.
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Access to a Multichain Ecosystem: Beyond Plasma, Gem Wallet opens the door to a world of 100+ blockchains and millions of tokens — all in one secure and easy-to-use app. Choose your favorite networks — Bitcoin, Ethereum, Solana, Tron, and many more.
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Instant Transfers: Send and receive USDT and other assets on the Plasma network through Gem Wallet in seconds — no delays, no overpayments.
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Best Exchange Rates: The built-in DEX aggregator automatically finds the best routes for swaps directly inside the app. Swap XPL for USDT0 (USDT on Plasma Blockchain) in seconds, and make instant exchanges between any tokens — BTC to USDT TRC20, SOL to BNB, and more.
Resources for developers
Conclusion
The integration of Plasma is yet another confirmation that Gem Wallet stays ahead of the industry. We’re not just adding a new network — we’re giving users access to the future, where stablecoins become truly universal.
