1/ @Plasma is building a stablecoin-native neobank from the ground up.
The team is building both the financial rails and the product on top of them.
Here's how Privy powers Plasma One as they bring stablecoins into everyday financial experiences.
LA CHARLA DE @kiNggfps ANTES DE LA GRAN FINAL 🥹
Un capitán dentro y fuera del servidor, así fue la conversación del rey previo a la final de #VALORANTMasters#goLEV
Plasma One went live 2 days ago.
Yesterday, it hit new ATHs across all daily metrics:
• $350K in spend volume
• 2.35K unique users
• 2.36K clearing transactions
Learn more with the link below ⬇️
It’s coming home.
We’ve spent the better part of 9 months, in probably the worst crypto market conditions I’ve seen, building what I believe to be the most impactful product in crypto and fintech.
We have a ton a work ahead of us and a very ambitious roadmap ahead but we’re moving at light speed to build and grow this space from the ground up.
This was an immense challenge taken on by the best team in the world but I’m excited to finally say: Plasma One is live.
With Plasma One's recent success, people tend to forget that Plasma as a chain still moves 0.5b - 1b a day in stablecoin volume. The chain is a thriving ecosystem where businesses such as @whop , @tryramp, and @aave build upon.
More to come 👀
Plasma One crossed $5M in cumulative volume
And it did it in just a few months, while still in closed beta and without an Android app
- txs hit a new ATH
- daily volume is now consistently above $100K
- yesterday's cashback distribution: 257,036 XPL
The public launch is expected in June, and it looks like we may soon get our first teaser of the physical Plasma card
Waiting for the physical Plasma card?