Selected News
Plasma has transferred over 1 billion USDT to USDT0 in preparation for the mainnet launch
XPL surged over 15% in the hour before trading, currently priced at $0.8443
The crypto market continues to decline, with Ethereum nearly breaking the $4000 mark
GoPlus: The GAIN abnormal minting incident is similar to the Yala incident
Selected Articles
- 《The highly anticipated Plasma goes live tonight, can it change the landscape of on-chain payments?》
A financing news from stablecoin giant Tether is enough to make the entire traditional finance circle hold its breath. According to Bloomberg, this "central bank of the crypto world," which manages nearly $173 billion in USDT, is seeking to raise $15-20 billion in a round of private financing with a valuation of up to $500 billion. What does this number mean? It means that Tether's scale will directly rival global top tech unicorns like OpenAI and SpaceX, and its staggering $4.9 billion net profit in a single quarter puts many established financial institutions to shame. This is not just financing; it is a value declaration from an "invisible giant" that has risen from the crypto world, formally challenging the traditional financial system.
- 《The highly anticipated Plasma goes live tonight, can it change the landscape of on-chain payments?》
We have all heard the classic business metaphor: "Better to be the head of a chicken than the tail of a phoenix." Plasma embodies this principle in the world of on-chain payments and yield market opportunities. Plasma does not compete as another general-purpose chain with technically unbeneficial innovations, but rather laser-focuses on becoming the infrastructure used by institutions.
On-Chain Data
On-chain capital flow situation as of September 25
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