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Plasma Engineering Leader: Plasma One is committed to creating a stablecoin payment gateway, and the product has entered the internal testing phase

Mar 18, 2026 10:44:53

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The head of Plasma engineering stated that they have joined Plasma and are leading the development of the flagship product Plasma One. They pointed out that as infrastructure such as account abstraction, rapid settlement, and crypto payment cards gradually improves, the usability of crypto products is significantly increasing.

They believe that stablecoins, as a "new type of currency," possess characteristics such as globalization, permissionless access, and programmability, but the current user experience still lags behind traditional finance. Plasma One aims to bridge this gap and create a user experience similar to a new type of digital bank. Currently, Plasma One has entered the private testing phase, and the team is accelerating product iteration and plans to open early access.

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