Adam
@projectadam_
Head of Global Payments @Plasma 🕊️ | prev Binance, Nuvei, & FTX
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It’s a privilege to announce that I will be joining @PlasmaFDN as Head of Global Payments. Crypto will only reach billions of people through stablecoins and I’m thrilled to be working towards this vision at Plasma. Having built the payments stack at some of the largest CEXs and…
Africa is at the forefront of stablecoin adoption, driven by currency volatility that makes digital dollars a financial lifeline. With @Yellowcard_app, Plasma USD₮ will be accessible in 20 African countries via cash-agent networks, mobile money and banking rails.
Another year at #Money2020, this year with @Plasma Please DM if you are around and want to discuss stablecoins and payments!
Licensing our stack for global money movement enables us to serve materially larger markets and partners in more regions. Today, Plasma is rolling out its global regulatory strategy for worldwide coverage, focused on countries where stablecoins matter most.
Today, Plasma submitted a letter in response to the Treasury’s advance notice of proposed rulemaking regarding implementation of the GENIUS Act. The GENIUS Act was a historic first step in cementing stablecoins as a global financial tool, however, there's still work to be done.
Plasma is expanding its team, hiring the best, most elite, builders and operators in the industry. We are at the earliest stages of turning our vision into a chain the world uses daily. We shipped the first stablecoin chain, and now we are focused on scaling the network and…
One of the most insightful clips from @paoloardoino explaining the value proposition of @Plasma to @Tether_to’s long-term vision and distribution. Focused blockchains will be the way of the future for the most elite user experience.
Why did @Tether_to invest in @Plasma? Because most blockchains are still chasing hype instead of solving real problems, too many are optimized for fast meme coin listings instead of usability. But the real-world utility of USDT proves something deeper: if you build tools that…
Money moves better on Plasma. We’re building global coverage with partners across the stablecoin and payments stack, supporting leaders in: - On/off-ramps and aggregators - Wallet and custody infrastructure - P2P rails - PSPs and merchant tooling - FX market makers If you’re…
Let me recap the first 10 days of launch: - #5 largest chain in the world by stablecoin supply with ~$7 billion - #3 largest chain for USD₮ only behind Ethereum, Tron and BSC - #5 largest chain by DeFi TVL with ~$8.7 billion (including borrows) - Second largest Aave instance…
We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight. 1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff. 2/ Of our team of ~50, three spent time at Blur or Blast. Our team…
There are now 75k+ signups for Plasma One. Plasma One will put the new global financial system we are building into the hands of everyone, everywhere.
Save with BTC, spend with USD₮.
Plasma has been the most valuable focal point of Tether evangelism in recent memory. Through @USDT0_to, Plasma has completely smothered Circle’s advantage in DeFi. Through Plasma, Tether can reach its ultimate potential. DeFi -> Payments -> Intl Settlement.
This milestone isn't just DeFi for the sake of DeFi. It's a step towards a global financial system that is liquid and stable. This is paramount to enable billions of people to earn in dollars. The path forward is clear.
The TAM is global GDP. Trillions is more than a meme.
Plasma CEO Paul Faecks says that stablecoins will be one of the largest markets globally and ‘we will win’
For the first time, the world’s largest crypto exchange brings crypto’s largest lending protocol into its Earn suite, powered by Plasma. 280M+ Binance users can now earn with Plasma USD₮ via Aave’s lending rails, with more incentives ahead. The future is bright, on Plasma.
Introducing the new @aave @plasmaFDN Aave-Plasma USDT Locked Product on Binance On-Chain Yields. With the 100M XPL now distributed to eligible Plasma USDT Locked Product users, users can stay subscribed or lock more $USDT to earn up to 7% APR with more upcoming regular…
Mainnet changes everything. Trillions of onchain volume through partnerships with the largest public payment companies. Global coverage via deep PSP integrations. Local market penetration so Plasma USD₮ can be used by everyone, everywhere. And it all starts tomorrow.
As it currently stands @PlasmaFDN has more TVL than Monad, MegaETH, Arc, and Tempo combined. Not many moving like this. $112 (billion)
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