Plasma, a Tether-backed stablecoin project, is set to launch its mainnet Beta and Token Generation Event (TGE) on September 25. The project has already raised $27.5 million in public funding. Earlier, Binance introduced the XPLUSDT pre-market perpetual contract linked to Plasma. This new launch aims to offer fast, gasless USDT payments with strong security, targeting broader stablecoin adoption and improved digital transactions.