Plasma Presents New Bitcoin Scaling Solution for Payments, RWA, and DeFi Backed by Bitfinex

TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.5 million, it aims to expand ... source: https://crypto-economy.com/plasma-presents-new-bitcoin-scaling-solution-for-payments-rwa-and-defi-backed-by-bitfinex/