Funding Details
- Awarder
- Inbox
- Date Award
- February 13, 2025
- Vertical
- Cryptocurrency
- Funding URL
- View Funding Page
Company Info
- Traction
- Stablecoins have become a dominant force in crypto surpassing $220 billion in supply, increasingly used for everyday payments and savings.
- Founders
- Paul Faecks
- Company Description
- Plasma is a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, aiming to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.
- Market
- Stablecoins
- Location
-
USA
- Coinvestors
- Peter Thiel, Paolo Ardoino, Bitfinex
Links