According to the official announcement, Bybit will list Plasma (XPL) on the spot market at 1 PM UTC on September 25th. Deposits will be available at 3:00 AM UTC on September 25th, trading will begin at 1:00 PM UTC on September 25th, and withdrawals will be available at 10:00 AM UTC on September 26th. Plasma is a high-performance Layer 1 blockchain purpose-built for global stablecoin payments. Stablecoins have become a major use case in the crypto industry, with a current supply exceeding $250 billion and trillions of dollars in monthly trading volume. Plasma is specifically designed to meet this demand, supporting zero-fee USD₮ transfers, custom gas tokens, confidential payments, and the high throughput required to support global scalability.