Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

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