Excited to partner with our friends at @StripeCrypto !
Stablecoin-backed cards make make global balances instantly usable at 100M+ businesses. We're looking forward to working with @plasma to advance the space.
Plasma is supporting Open Standard as an early distribution partner.
Stablecoins are becoming core payments infrastructure, and distribution will matter as much as the technology.
Adam retweeted
NEWS: zerohash now enables @Plasma so partner platforms can offer instant, borderless stablecoin payments for:
✔ Payroll
✔ Remittances
✔ Merchants & creators
✔ B2B settlement
Plasma is now available via zerohash on @public, and soon @BitMartExchange & @bolt. Learn more ↓
Adam retweeted
Africa is at the forefront of stablecoin adoption, driven by currency volatility that makes digital dollars a financial lifeline.
With @Yellowcard_app, Plasma USD₮ will be accessible in 20 African countries via cash-agent networks, mobile money and banking rails.
Adam retweeted
Today, Plasma submitted a letter in response to the Treasury’s advance notice of proposed rulemaking regarding implementation of the GENIUS Act.
The GENIUS Act was a historic first step in cementing stablecoins as a global financial tool, however, there's still work to be done.
Adam retweeted
Plasma is expanding its team, hiring the best, most elite, builders and operators in the industry.
We are at the earliest stages of turning our vision into a chain the world uses daily. We shipped the first stablecoin chain, and now we are focused on scaling the network and building Plasma One to redefine global money movement.
Open roles:
- Head of Operations
- Head of People
- Finance Manager
- Senior Fullstack Mobile Product Engineer
If you’re a builder or operator that can execute at the highest level, join us in building the chain for money.
Apply via the link below.
Adam retweeted
One of the most insightful clips from @paoloardoino explaining the value proposition of @Plasma to @tether’s long-term vision and distribution.
Focused blockchains will be the way of the future for the most elite user experience.
Why did @tether invest in @Plasma?
Because most blockchains are still chasing hype instead of solving real problems, too many are optimized for fast meme coin listings instead of usability.
But the real-world utility of USDT proves something deeper: if you build tools that work for people, they’ll use them.
Plasma aims to make stablecoins cheaper and simpler to move - no more needing ETH just to send digital dollars.
After years in this space, @paoloardoino’s bet is clear: blockchain should stop building for geeks and start building for everyday users.
Paolo Ardoino's full podcast out NEXT week!
@pauliepunt
Money moves better on Plasma.
We’re building global coverage with partners across the stablecoin and payments stack, supporting leaders in:
- On/off-ramps and aggregators
- Wallet and custody infrastructure
- P2P rails
- PSPs and merchant tooling
- FX market makers
If you’re building in this space, let’s connect.
Adam retweeted
Let me recap the first 10 days of launch:
- #5 largest chain in the world by stablecoin supply with ~$7 billion
- #3 largest chain for USD₮ only behind Ethereum, Tron and BSC
- #5 largest chain by DeFi TVL with ~$8.7 billion (including borrows)
- Second largest Aave instance with ~$6 billion market size
- The most blue chip DeFi day 1 integrations in history with Aave, Ethena, Fluid, Euler, Curve, Uniswap, Balancer amongst others
- Every major exchange integrating native USD₮ deposits and withdrawals day 1 including Binance
- Largest DeFi CEX integration in history with Binance and Aave on Plasma
- More than $50 billion of USD₮ transfer volume only behind Ethereum and Tron in the same time frame
- 34.5m total transactions surpassing 100 TPS on a regular basis, more than nearly any other chain in production
- More than 1.3m unique addresses
- Not a single point of failure or downtime, in infrastructure or block production
- One of the largest and most successful public sales in history
- Nearly 100k fully organic waitlist signups for our flagship neobank Plasma One
Only 10 days in. We're quite literally only getting started.
Trillions.
Adam retweeted
We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight.
1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff.
2/ Of our team of ~50, three spent time at Blur or Blast. Our team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To say our team is "ex-Blast" is to say it is "ex" any of these firms. We are proud of the team we've assembled at Plasma.
3/ We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services. We have the same information as the public on Wintermute's ownership of XPL.
We are laser-focused on building the future of money and won’t be commenting further. We remain incredibly grateful for our community's support. Now back to work.
Trillions.