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Peter Thiel-backed crypto startup quietly makes big move
Plasma, a blockchain startup building stablecoin infrastructure, has launched Plasma One, a neobank designed to make using digital dollars as simple as cash. Fresh off a 7x oversubscribed ICO with $373 million in investment commitments, and with billionaire investor Peter Thiel among its early backers, Plasma is positioning itself as a one-stop shop for saving, spending, and sending stablecoins. “The dollar is the product, and most of the world is desperate to access it,” said Paul Faecks, CEO of Plasma, in the launch statement. “Plasma One is our answer to the distribution problem as it puts us directly in the ... (full story)
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