Plasma is designed to be a sidechain on the Bitcoin blockchain with full compatibility with the Ethereum Virtual Machine (EVM), which underpins a large part of decentralized finance activity.

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Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

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Plasma's blockchain is built as a sidechain on the Bitcoin network and designed to handle stablecoin transactions efficiently.

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Plasma's blockchain is built as a sidechain on the Bitcoin network and designed to handle stablecoin transactions efficiently.