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

Plasma, which is said to be a "purpose-built" blockchain for stablecoin payments, announced it has secured $24 million in funding.

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

As the adoption and understanding of the benefits of tokenized payments become better understood the appetite and investment into stablecoin payments has continued to increase. Privately issued ...

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 ...

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.