Plasma, a stablecoin startup founded by a former Citibank executive, has raised $20 million in a Series A round led by Thiel-backed Framework Ventures. Other notable investors include Tether CEO Paolo Ardoino and Bitfinex. The funding will support the development of a new blockchain designed specifically for Tether (USDT), built on Bitcoin’s security and offering Ethereum Virtual Machine (EVM) compatibility. Plasma aims to provide ultra-fast, zero-fee USDT transactions, targeting remittances, payments, and DeFi applications. This move reflects growing institutional interest in more scalable, secure stablecoin infrastructure amid increasing global demand for efficient, crypto-based financial solutions tailored for real-world economic use.
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GRAM
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Mkt Cap $2.30T
BTC Dom 56.68 %
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
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BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
Mkt Cap $2.30T
BTC Dom 56.68 %
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
