Plasma One: новый необанк с выдающимися доходами и выгодным кэшбэком Translation: Plasma One: a new neobank with outstanding returns and attractive cashback

The Plasma stablecoin project is on the verge of launching its very own neobank, Plasma One. This rollout will occur incrementally following the mainnet launch of its blockchain at the end of September.

The platform has opened a waiting list for interested users.

The Plasma One card will offer a cashback of 4% on expenditures and an annual yield exceeding 10% on balances held in stablecoins.

Users will be able to top up their accounts using fiat-pegged tokens, starting with USDT. Transactions will be deducted directly from this balance via a physical or virtual card. The issuer of the card is Rain, a company known for launching the Avalanche Card.

The yields will be supported by DeFi protocols within the Plasma ecosystem. Users will earn interest without having to lock their funds.

Plasma is an EVM-compatible Bitcoin sidechain designed for free USDT transactions. The network has secured $3.5 million in funding in a round led by Bitfinex and an additional $20 million in a Series A round with participation from Peter Thiel’s Founders Fund.

Recall that in August, Plasma announced a partnership with the EtherFi staking protocol.