Sea 🐸
Sea 🐸|Aug 02, 2025 02:11
Plasma is a popular new public chain recently, closely related to Tether After listening to Professor Liu Feng's interview with CEO Paul Faecks' podcast, I have a good question: As a payment chain, what do Plasma consider to be the three most important dApps? The CEO's answer is—— ◦ Entry and exit cash channel Users need a simple way to enter and exit the ecosystem. I understand that there should be a compliant channel to freely exchange fiat currency and USDT. The Bridge that Stripe previously acquired was mainly focused on doing this. Loan Agreement Mainly in collaboration with AAVE, there will be some customized features. The CEO specifically mentioned BTC and Plasma, which support native encapsulation of Bitcoin and cross chain transfer of BTC. And use Bitcoin as collateral to lend USDT for consumption or investment. He mentioned that stablecoins in the eyes of users have three main uses, namely savings, consumption, and global transfers, with significant differences in the three scenarios. As a savings asset, users naturally hope to earn some returns, and holding USDT brings returns. Collaborate with payment companies Build a connection layer between Web2 and Web3, although end users may not be able to see it. Plasma will collaborate with Yellow Card in Africa and more institutions. Mainly because they have a strong user base in Web2 and are also willing to embrace Web3 payment products. The Plasma mainnet will be launched before the end of this summer.
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