Blockchain Plasma centered on Stablecoin has closed its sale of public tokens with $ 373 million in commitments, more than seven times the $ 50 million you were pointing out.
The sale, according to the available data, has led to an excessive sucrose of around $ 320 million that seeks to obtain around $ 209,000 in XPL that were not purchased. The launch of the token is expected to occur within 40 days, while the refunds for exaggerated funds will be processed in the near future.
At the launch, the Plasma network will have $ 1 billion in Stablcoins, becoming the fastest block chain to reach that figure, according to the project.
Plasma, a bitcoin compatible with the Virtual Machine of Ethereum (EVM), aims to provide Stablecoin transfers without rates, starting with the USDT of Tether.
Plasma enters a competitive market dominated by Tron and Ethereum, which solves billions in Stablecoin transfers daily and has seen Tether change his focus on layer 2s. He has obtained notable investor funds such as Peter Thiel’s Founders Fund, Framework Ventures and Bitfinex.
American investors face a 12 -month block in their tokens, but for the rest of the world, XPL will unlock at the launch.
