Crypto
Plasma's Stablecoin Network Hits $1B Deposit Cap in Just 30 Minutes
Plasma's recent cap increase to $1 billion was quickly reached as the community pushes for fair participation amidst rapid sellout concerns.
Recent in
Plasma's recent cap increase to $1 billion was quickly reached as the community pushes for fair participation amidst rapid sellout concerns.
The successful token offering indicates a strong investor interest in stablecoins following a recent major IPO by Circle.
Plasma's blockchain aims to facilitate high-frequency global stablecoin transactions through an innovative consensus mechanism.
Plasma, a startup backed by Peter Thiel, has raised significant funding to develop a Bitcoin-based system for stablecoin transactions, aiming for zero-fee USDT transfers.
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