The blockchain is intended to attract stablecoin users by offering zero-fee Tether transactions, he said in a recent ...

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 ...

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

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.

The new stablecoin-focused blockchain received $24 million in investment from Framework Ventures, Bitfinex, Paolo Ardoino and Peter Thiel.

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.

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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 ...