Bitcoin-Based Stablecoin Network Plasma Raises Deposit Cap to $1B, Gets Filled in 30 Minutes

coindesk.com/markets/2025/06/12/bitcoin-based-stablecoin-network-plasma-raises-deposit-cap-to-1b-gets-filled-in-30-minutes

Stablecoin-focused blockchain Plasma raised its deposit cap to $1 billion early Thursday — and hit that limit within 30 minutes.
The new cap marks a doubling from the prior $500 million ceiling, which had itself been raised just days earlier following a community-driven outcry over bot…

This story appeared on coindesk.com, 2025-06-12 07:26:22.
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