Tether-Backed Plasma to Launch Digital Banking Services with Stablecoin Focus

Gate News bot message, Plasma, a financial services provider backed by stablecoin issuer Tether, announced plans to introduce a stablecoin-focused neobank in 2024.

The new digital banking platform aims to bridge traditional finance with cryptocurrency through USDT integration. Plasma's services are designed to include business accounts, payment solutions, and cross-border transaction capabilities.

According to the official blog post, Plasma will operate as a licensed financial institution, offering a full suite of banking services while maintaining compliance with regulatory requirements.

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