Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response:
@YI75913@PlasmaFDN These are great questions! More technical information that answers these questions will be released very shortly. We're working on it! Thanks for your interest, and stay alert 🫡
Some personal news: I’ve joined @PlasmaFDN to lead the protocol engineering team. Despite the many interesting and exciting projects in the industry, I joined Plasma because I believe in its vision and the potential for a positive, global impact. Here's why:
Our vision is to be the next generation of global money movement rails; this time, better, cheaper, faster and fundamentally, for everyone.
We have just reached $1B in USD₮ liquidity locked on our network.
Our public testnet is launching soon, with mainnet beta following next.