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.

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

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 ...

Crypto startup Plasma has successfully raised $20 million in a funding round. The funds will be used to develop a ...

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 ...

While Bitcoin is the longest-running blockchain, most of the stablecoin activity happens on newer chains like Ethereum, Tron and Solana. Plasma is designed to be a sidechain on the Bitcoin ...