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Plasma Stablecoin Set to Launch Mainnet Beta

Published by
Sohrab Khawas

Plasma, a Tether-backed stablecoin project, is set to launch its mainnet Beta and Token Generation Event (TGE) on September 25. The project has already raised $27.5 million in public funding. Earlier, Binance introduced the XPLUSDT pre-market perpetual contract linked to Plasma. This new launch aims to offer fast, gasless USDT payments with strong security, targeting broader stablecoin adoption and improved digital transactions.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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