The project aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Because of this, Paul Faecks, co-founder of stablecoin company Plasma, is building a blockchain tailored specifically to the most popular stablecoin that it hopes to introduce in the coming months.

A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a ...

Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in ...

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.

Stablecoin company Plasma has raised $24 million to develop a new blockchain for Tether’s USDt, the world’s most popular stablecoin. According to a Feb. 13 Fortune report, the funding round ...

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 ...