shadowy super coder @plasma
Brooklyn, NY
Joined December 2014
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jack0x.eth retweeted
What does real stablecoin demand look like?
$400B+ in stablecoin volume in 1 year.
In many cases, we’ve become the default rails for USDT flows, still averaging $30B+ monthly, now across both consumer and business flows for leading fintechs, including our own.
One year of Plasma. We’ve launched a network, built a product people use everyday to move and spend money globally, and shipped more than I thought possible in 12 months.
Incredibly proud of the team behind it all. Year two is going to be even bigger.
up only
Another ATH spend day.
September so far:
- 0% FX on Platinum
- Apple, Dyson, and travel campaigns
- Priority Pass launch
- USDC + EURC launch
- Security enhancements and so much more
The best is yet to come for @Plasma.
New York ✅
Shanghai ✅
Dubai ✅
Bali ✅
Most cards pass Visa’s 1% cross-border fee on to their users. Plasma One absorbs it.
0 FX means 0 FX
Another step towards building the best travel card for the global traveller
jack0x.eth retweeted
Plasma One showing strong MoM growth in monthly total volume. If current trend holds then should expect to see >$100M in monthly volume in the next 4-8 months.
Platinum cards continue to see strong adoption with over 700 current platinum cards issued. The actual Plasma chain looks to be settling around 500M-1Bn in stablecoin volume per day.
If we are to take a broader look at other stablecoin payment providers the trend is clearly up only in terms of spend and I would put stablecoin debit card payments in the bucket of an emerging mega trend.
We designed Plasmas architecture with user safety being top of mind.
Sorry to see other neobanks being impacted by this but all plasma customer assets are safe.
The recent incident affecting one of Rain’s programs does not impact @Plasma One.
All user assets are safe and our team is continuing to monitor the situation.
P1.
Still looking for candidates for these roles! Feel free to DM me or apply directly on our careers page
jobs.ashbyhq.com/plasma
@Plasma is hiring cracked product engineers to help accelerate our consumer banking product and for a new product 🔜
Traits we are looking for:
* High agency + product sense
* Strong work ethic (9-9)
* Wants high levels of ownership
If you or anyone you know is looking, DM me!
