The Plasma project is set to launch its Mainnet at the end of summer.

On June 20, Decrypt reported that Plasma was preparing to launch its mainnet, a blockchain optimized for stablecoins, in late summer. Plasma founder and CEO Paul Faecks said the blockchain will support “the largest stablecoin” at launch, based on its internal data. Faecks added, “We’re building a blockchain that will be the best product for moving stablecoins from point A to point B. Everything around it has to serve that goal, otherwise it’s not worth doing for us.”

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