Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in ...

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.

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

Plasma secures $24M Series A funding to build Bitcoin sidechain for fee-free stablecoin transactions, backed by major investors.

A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a ...