About PLASMA
Plasma is a high-performance Layer 1 blockchain purpose-built for stablecoins. The network enables near-instant, fee-free USDT transfers with institutional-grade security, supporting 25+ stablecoins and processing over 1000 transactions per second. Plasma is the 4th largest network by USDT balance with $7B in stablecoin deposits and 100+ partnerships. Additionally, Plasma offers Plasma One, a stablecoin-native neobank and Visa card that allows users to spend digital dollars in 150+ countries. The card is issued by Signify Holdings, Inc. and offers 4% cashback and 10%+ yield on stablecoin balances. The company has raised $24M in equity funding from Framework Ventures, Bitfinex, and other investors, plus $373M in a token sale.
Key Infrastructure
Plasma Chain
High-performance L1 blockchain purpose-built for stablecoins with 1000+ TPS and sub-second block times
Custom Gas Tokens
Allows transaction fees to be paid in whitelisted assets including USDT or BTC
PlasmaBFT Consensus
Fast HotStuff-derived consensus mechanism processing thousands of transactions per second for stablecoin settlement
EVM Compatibility
Seamless deployment of Ethereum-based contracts with no code modifications required
Zero-fee USDT Transfers
Protocol-level paymaster sponsors gas for USDT transfers, eliminating user gas costs entirely
Native Bitcoin Bridge
Trust-minimized Bitcoin bridge enabling BTC to flow onto the network securely
Additional Features
Plasma One App
Stablecoin-native neobank app enabling spending, saving, and payments with digital dollars
Global Coverage
150+ Countries for Plasma One card and app, borderless spending capability
Plasma One Card
Visa card accepted at 150+ million merchants globally, virtual and physical options
Multiple Payment Methods
100+ payment options integrated through partnership network
Yield
Stablecoin balance earns 10%+ yield through Plasma onchain ecosystem opportunities
Instant Virtual Card
Generate virtual card immediately upon app approval for immediate spending
Associated Cards
PLASMA ONE CARD