Name
Peter Thiel, Paolo Ardoino back new USDt-focused blockchain
Description
Stablecoin company Plasma is building a new blockchain that offers zero-fee USDt transactions.
Publish date
12:00am, Thursday, February 13, 2025
Referenced by
Plasma secured $20 million in a series A fundraising round led by Framework Ventures, following a $4 million seed round from early investors Peter Thiel, Paolo Ardoino, Bitfinex and others.
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Stablecoins have become a dominant force in crypto surpassing $220 billion in supply, and are increasingly used for everyday payments and savings.
Crypto news
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Stablecoin company Plasma raised $24 million
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