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Plasma to Launch Mainnet at the End of Summer

Summary: According to Decrypt, Plasma is preparing to launch its mainnet at the end of summer, designed specifically for optimizing stablecoins. Plasma founder and CEO Paul Faecks stated that the blockchain will support the largest scale of stablecoins at launch, based on internal data. Faecks added: 'We are building a blockchain to be the best product ...

According to Decrypt, Plasma is preparing to launch its mainnet at the end of summer, designed specifically for optimizing stablecoins. Plasma founder and CEO Paul Faecks stated that the blockchain will support the largest scale of stablecoins at launch, based on internal data. Faecks added: 'We are building a blockchain to be the best product for transferring stablecoins from point A to point B. Everything around it must serve this goal, otherwise it's not worth doing for us.'

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