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Friday, 14 February 2025

Plasma, which is developing a bitcoin-based network designed to handle stablecoin transactions efficiently with zero-fee USDT transfers, raised a $20M Series A (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk:
Plasma, which is developing a bitcoin-based network designed to handle stablecoin transactions efficiently with zero-fee USDT transfers, raised a $20M Series A  —  The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.



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