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Plasma raised $500 million in a stablecoin vault within minutes, achieving its funding goal and drawing over 1,100 contributors.
What’s the Scoop?
- Lightning-Fast Fundraising: Plasma completed a $500 million stablecoin vault raise within 48 minutes, fulfilling a major funding goal set in late May.
- High Participation: The raise saw contributions from over 1,100 wallets, with an average deposit size of $35,000.
- Stablecoin Mix: Plasma's vault now holds $345 million in USDC, $146.1 million in USDT, $7.5 million in USDS, and $1.21 million in DAI.
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