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Plasma launched its layer-1 mainnet designed for stablecoin transfers with $2 billion in USD₮0 liquidity on-chain. Backed by Tether’s ecosystem and Peter Thiel’s Founders Fund, Plasma aims to provide a stablecoin-focused network for faster, more reliable, and accessible value transfers worldwide. The network uses PlasmaBFT consensus mechanism for efficient stablecoin settlement.
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