The Blockchain plasma focused on the stablescoincus has closed its sale of public tokens with $ 373 million in commitments, more than seven times the $ 50 million it was targeting.
The sale, according to available data, has led to a overwhelming of approximately $ 320 million, seeking to obtain around $ 209,000 from XPL which were not purchased. The launch of the token should occur within 40 days, while the reimbursements for the too committed funds will be treated in the near future.
During the launch, the plasma network will hold $ 1 billion in stablescoins, becoming the fastest blockchain to reach this figure, according to the project.
Plasma, an Ethereum virtual machine (EVM), Bitcoin Sidechain, aims to provide Stablecoin transfers at no cost, starting with the USDT de Tether.
Plasma is entering a competitive market dominated by Tron and Ethereum, which pays billions of stable transfers daily and has seen the attachment itself focus on layer 2. It obtained funding from notable investors, including Peter Thiel’s Founders Fund, Framework Ventures and Bitfinex.
American investors are faced with a 12 -month -old lock on their tokens, but for the rest of the world, XPL will be unlocked at launch.
