According to the company’s official press release, Plasma unveiled Plasma One, the first stablecoin-focused neobank, targeting emerging markets with seamless saving, spending, and peer-to-peer dollar access.
According to Plasma’s official announcement, the company launched Plasma One, a neobank designed entirely around stablecoins. The platform offers card payments with rewards, zero-fee USDT transfers, and fast onboarding, built on Plasma’s proprietary blockchain and payments stack. Plasma is focusing on emerging markets where dollar access is limited, deploying local teams and peer-to-peer cash networks to drive adoption. The launch comes ahead of the company’s mainnet beta scheduled for September 25.