Plasma
Plasma, founded in 2024 by Paul Faecks and Christian Angermayer and headquartered in London, builds a high-throughput blockchain purpose-built for stablecoin payments. The network optimizes for low fees, fast finality and native issuance of USDT and other dollar stablecoins, with built-in compliance hooks, fiat ramps and treasury tooling for merchants and fintechs. Anchored to Bitcoin via periodic checkpoints and supporting pBTC, Plasma decouples consensus from payments execution to maintain predictable settlement under load. Headquartered in London with a distributed team across the US and Europe and backing from Founders Fund, Framework Ventures and Bitfinex, the project is advancing toward public mainnet and ecosystem partnerships with wallets and neobanks. Expect an execution-driven culture that values payments reliability, regulatory awareness and making stablecoin settlement as seamless as card processing.