TLDR
Netcoins added three new coins for Canadian users: Plasma (XPL), a Layer-1 blockchain built for stablecoin payments; PancakeSwap (CAKE), the token behind one of the largest decentralized exchanges on BNB Chain; and BNB, the native asset of the Binance ecosystem.
What Is Plasma (XPL)?
Plasma is a Layer-1 blockchain purpose-built for high-volume stablecoin payments rather than general-purpose computing. Its mainnet went live in September 2025, and it was designed from the ground up to move stablecoins like USDT with minimal or zero transfer fees. Plasma combines a custom Byzantine fault-tolerant consensus system, EVM execution, and a Bitcoin bridge, with its native token XPL securing the network through staking and covering transaction and contract execution costs.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
What Is Plasma (XPL)?
Plasma is a Layer-1 blockchain purpose-built for high-volume stablecoin payments rather than general-purpose computing. Its mainnet went live in September 2025, and it was designed from the ground up to move stablecoins like USDT with minimal or zero transfer fees. Plasma combines a custom Byzantine fault-tolerant consensus system, EVM execution, and a Bitcoin bridge, with its native token XPL securing the network through staking and covering transaction and contract execution costs.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
What Is Plasma (XPL)?
Plasma is a Layer-1 blockchain purpose-built for high-volume stablecoin payments rather than general-purpose computing. Its mainnet went live in September 2025, and it was designed from the ground up to move stablecoins like USDT with minimal or zero transfer fees. Plasma combines a custom Byzantine fault-tolerant consensus system, EVM execution, and a Bitcoin bridge, with its native token XPL securing the network through staking and covering transaction and contract execution costs.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
What Is Plasma (XPL)?
Plasma is a Layer-1 blockchain purpose-built for high-volume stablecoin payments rather than general-purpose computing. Its mainnet went live in September 2025, and it was designed from the ground up to move stablecoins like USDT with minimal or zero transfer fees. Plasma combines a custom Byzantine fault-tolerant consensus system, EVM execution, and a Bitcoin bridge, with its native token XPL securing the network through staking and covering transaction and contract execution costs.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
What Is Plasma (XPL)?
Plasma is a Layer-1 blockchain purpose-built for high-volume stablecoin payments rather than general-purpose computing. Its mainnet went live in September 2025, and it was designed from the ground up to move stablecoins like USDT with minimal or zero transfer fees. Plasma combines a custom Byzantine fault-tolerant consensus system, EVM execution, and a Bitcoin bridge, with its native token XPL securing the network through staking and covering transaction and contract execution costs.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
For a Canadian sending money to family in another country or paying a supplier in USD, Plasma's pitch is speed and cost. Traditional wire transfers between Canada and, say, the Philippines or India can take days and carry meaningful fees. Stablecoin-focused chains like Plasma aim to make that transfer near-instant and close to free, which is why payment processors and remittance apps have shown early interest in the network. XPL secures the network through staking and validator incentives and covers gas fees, and has a total supply of 10 billion tokens.
About Netcoins
Established in 2014 in Vancouver, British Columbia, Netcoins is a registered Restricted Dealer with the provincial securities commissions and a registered Money Services Business (MSB) with FINTRAC. Netcoins is owned by Surge Digital Inc. (formerly BIGG Digital Assets Inc.), a publicly traded company listed on the TSX Venture Exchange (TSXV: SRGE), and complies with applicable public company regulatory.
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