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  • Claim

Name

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

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Claim

Quotes that support claims

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.
Faecks chose to build on top of Bitcoin’s blockchain because it’s considered one of the safest and most decentralized available, he said.

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Crypto news

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