USDS vs Plasma — how do they compare? USDS trades at Rp17,847 (market cap Rp174,95T, Rp4,57T 24h volume), while Plasma trades at Rp1,329 (market cap Rp3,58T, Rp321,64M 24h volume). The key difference: USDS is far larger — about 48.9× Plasma's market cap, and USDS's circulating supply is 9,8B USDS versus 2,7B XPL for Plasma. Which is the better fit depends on your goals — on Pluang, investors hold USDS for 12 Days and Plasma for 27 Days on average.
| USDS | XPL | |
|---|---|---|
Market Cap | Rp174,95T | Rp3,58T |
Volume (24h) | Rp4,57T | Rp321,64M |
Circulating Supply | 9,8B USDS | 2,7B XPL |
Typical Hold Time | 12 Days | 27 Days |
What Pluang investors did over the last 30 days
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USDS (Sky Dollar) is a decentralized stablecoin issued by Sky Protocol, the rebranded successor to MakerDAO, one of DeFi’s most established names. Pegged 1:1 to the US dollar, USDS is minted by locking crypto assets as collateral and is fully upgradeable from DAI at a 1:1 ratio. Beyond price stability, USDS offers native yield through the Sky Savings Rate, governance token rewards via SKY, and is available across multiple chains including Ethereum and Solana.
Read more on USDS →Plasma is a Layer 1 blockchain designed to power the global stablecoin economy. Built for fast, zero-fee USDT payments and customizable gas tokens, it enables borderless, permissionless access to financial services. With its global payments network and integrated products, Plasma is establishing itself as the native chain for stablecoin transactions.
Read more on XPL →