Plasma is a ‘stablechain,’ or a Layer 1 (L1) blockchain optimized for stablecoin transactions, backed by Tether, the issuer of DeFi’s leading stablecoin, USDT.
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Stablecoin Blockchain Plasma Fills $500 Million ICO Instantly
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Plasma, a Layer 1 blockchain for stablecoin backed by Tether, completed a $500 million stablecoin vault raise in under an hour
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