Accelerating Global Stablecoin Adoption with Founders Fund
Summary
Plasma announced a strategic investment from Founders Fund to accelerate global stablecoin adoption. The company says it will use the capital to build purpose-built infrastructure for programmable, low-cost payments. It plans to expand its team, ecosystem, and geographic reach, including Latin America and the Middle East. The announcement also emphasizes that the platform is designed to move stablecoins beyond crypto-native use cases into mainstream financial workflows.
Funding
Amount
$20.5M
Total raised
Date
February 13, 2025
Announcement date
Investors
Paypal Startup Blueprint, Nubank, Affirm, Founders Fund, Stripe
Lead investors
Company
https://www.plasma.to/
Funded company
Classifications
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applications
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