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2025 will go down in history as the year of the crypto breakthrough.
Fintechs, TradFi, and governments are all embracing stablecoins.
In just the past 18 days:
• @Stripe launched a stablecoin-focused platform
• @MoneyGram launched an on/off-ramp platform
• @Visa invested in @BVNKFinance
• @Mastercard launched a stablecoin-linked card
• @visa launched a stablecoin-linked card
• @MoonPay and @Mastercard partnered up
However, despite the sharp growth of these past months, stablecoins still account for "only" 1.09% of the USD M2 money supply. As regulatory frameworks evolve and support for digital assets strengthens, it's a matter of time before this number reaches the trillions.
Therefore, an increasing amount of startups are positioning themselves in this vertical to ride the upcoming giant wave.
In this sixth part of the RWA-centric chain series, we will focus on one in particular:
@PlasmaFDN
With stablecoin regulations underway, the sector booming, and Tether holding a 63% market share, Plasma is well positioned to find PMF quickly.
The company has several goals, but the most important ones are:
• Taking USDT market share from Ethereum and Tron
• Capturing a significant share of global daily settlement volume
But as always, let’s dive into the tech to get a better idea of how the team plans to make this happen.
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