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Plasma, blockchain and Stablecoin

Plasma raises $24M to launch zero-fee blockchain for Tether in Q2

Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in the second quarter of 2025, promises zero-fee transactions and a streamlined system designed solely for stablecoins.

Fortune on MSN · 2d

Exclusive: Stablecoin company Plasma raises $24 million from Framework to launch its own blockchain

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. The blockchain is intended to attract stablecoin users by offering zero-fee Tether transactions,

coinspeaker · 1d

Peter Thiel-backed Plasma Raises $24M to Build Zero-Fee Stablecoin Blockchain on Bitcoin

Plasma secures $24M Series A funding to build Bitcoin sidechain for fee-free stablecoin transactions, backed by major investors.

Business Insider · 2d

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

Plasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its

Axios on MSN · 1d

Stablecoin blockchain raises $24 million

Plasma, a startup behind a blockchain built specifically for payments with stablecoins, has raised a fresh $20 million in a Series A funding round. Why it matters: Stablecoins are the killer app of blockchains,

The Daily Hodl1d

Peter Thiel-Backed Stablecoin Firm Plasma Rakes In $20,000,000 in Series A Fundraising

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

PC Magazine3y

Layer 2 blockchain

See blockchain. Like sidechains, plasma chains have their own consensus method. Plasma provides a framework for building Layer 2 chains on Ethereum. At a fixed interval, a compressed ...

Cryptopolitan on MSN22h

Crypto’s Tether buys stake in soccer club Juventus

Tether has just bought into one of Europe’s most famous soccer clubs. The company behind USDT, the world’s biggest stablecoin ...

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Plasma, blockchain and Stablecoin

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