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, 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.

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 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 ...

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.