Plasma, a Bitcoin sidechain project focused on stablecoins, plans to launch its mainnet in late summer 2025
2025/06/20 08:12
PANews reported on June 20 that according to Decrypt, the Bitcoin sidechain project Plasma, which focuses on stablecoins, plans to launch the mainnet in late summer 2025, with the main theme of "stablecoin chain first". Its XPL token public pre-sale will start at least 40 days in advance, and has raised $1 billion in deposits. Plasma emphasizes that it will optimize the stablecoin transfer experience, including gas-free transactions, and has attracted support from PayPal co-founder Peter Thiel and others. The chain is EVM-compatible and will focus on stablecoin payments, not involving ecosystems such as meme coins or RWA.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Trader 0xb8b9's winning streak is challenged, and the current position loss exceeds 2 million US dollars
According to PANews on June 20, according to Lookonchain monitoring, the on-chain address 0xb8b9 has won 29 consecutive long transactions, with a cumulative profit of more than 2.3 million US
Share
PANews2025/06/20 11:19
Financial Times: BBC threatens to take legal action against AI company Perplexity for content scraping
PANews reported on June 20 that according to the Financial Times: The British Broadcasting Corporation (BBC) threatened to take legal action against artificial intelligence startup Perplexity for content scraping.
Share
PANews2025/06/20 12:18
BounceBit launches high leverage contract platform BounceBit Trade
PANews reported on June 20 that BounceBit officially launched its new contract trading platform BounceBit Trade, which supports up to 50x leverage, USDT margin and settlement, 50+ crypto asset trading
Share
PANews2025/06/20 11:17