Odaily Planet Daily News: The official stablecoin project Plasma posted on the X platform that based on community feedback, it decided to increase the initial deposit limit to $250 million to support fair inclusion and broad participation. Personal deposits will be limited to $50 million.
Previously, the stablecoin project Plasma received strategic investment from Peter Thiel's Founders Fund. In February this year, it announced the completion of $24 million in financing (US$20 million in Series A financing and US$4 million in seed financing), led by Framework Ventures, and participated by cryptocurrency exchange Bitfinex, venture capitalist Peter Thiel and Tether CEO Paolo Ardoino.