Plasma, which is said to be a "purpose-built" blockchain for stablecoin payments, announced it has secured $24 million in funding.
Plasma secures $24M Series A funding to build Bitcoin sidechain for fee-free stablecoin transactions, backed by major investors.
Because of this, Paul Faecks, cofounder of stablecoin company Plasma, is building a blockchain tailored specifically to the most popular stablecoin that it hopes to introduce in the coming months.
While Bitcoin remains the oldest blockchain, the majority of stablecoin activity occurs on newer networks such as Ethereum, Tron, and Solana. Although Plasma is not charging a fee for each ...
Crypto startup Plasma has successfully raised $20 million in a funding round. The funds will be used to develop a ...
Tether has just bought into one of Europe’s most famous soccer clubs. The company behind USDT, the world’s biggest stablecoin ...
Tether has entered into a Memorandum of Understanding (MoU) with the Republic of Guinea to explore the potential of ...