Plasma launches Plasma One app with free first-year Core tier offer

Plasma has launched Plasma One, a stablecoin-native digital banking app it is positioning as a neobank for crypto-based banking and payments. The app is live on iOS, with an Android release expected later this month. Plasma previously said users who sign up within seven days can receive the Core tier free for the first year, a promotion it valued at more than $1,000. Newer reporting says the product includes a Visa card and XPL rewards, while Plasma has also said a Platinum card for XPL holders will offer up to 10% cashback in categories including AI and airlines. Separately, HTX market data cited by BlockBeats on June 17 showed XPL rose 26% over 24 hours to $0.116 after the launch, though the linkage between the app rollout and the token move remains market observation rather than a confirmed cause.

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