Gate News reports that on March 18, the head of the Plasma project announced that they have joined Plasma and are leading the development of the flagship product Plasma One. They pointed out that as infrastructure such as account abstraction, fast settlement, and crypto payment cards are gradually improving, the usability of crypto products is significantly increasing. They believe that stablecoins, as a “new type of currency,” possess features like global reach, permissionless operation, and programmability, but current user experience still lags behind traditional finance. Plasma One aims to bridge this gap and create an experience similar to a new digital bank. Currently, Plasma One is in the private testing phase, and the team is accelerating product iterations and planning to open early access.
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