{"id":89169,"date":"2025-09-22T18:11:17","date_gmt":"2025-09-22T15:11:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89169"},"modified":"2025-09-22T18:15:24","modified_gmt":"2025-09-22T15:15:24","slug":"plasma-to-launch-neobank-offering-over-10-annual-returns","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/plasma-to-launch-neobank-offering-over-10-annual-returns\/","title":{"rendered":"Plasma to Launch Neobank Offering Over 10% Annual Returns"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">Stablecoin<\/a> project Plasma is preparing to launch its own neobank, Plasma One. This will occur gradually following the <a href=\"https:\/\/forklog.com\/en\/news\/plasma-stablecoin-project-sets-launch-date-for-xpl-token\">mainnet launch<\/a> of its blockchain at the end of September.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Introducing Plasma One: the one app for your money. <a href=\"https:\/\/t.co\/5IgcCon5g8\">pic.twitter.com\/5IgcCon5g8<\/a><\/p>\n<p>\u2014 Plasma (@PlasmaFDN) <a href=\"https:\/\/twitter.com\/PlasmaFDN\/status\/1970110863215391151?ref_src=twsrc%5Etfw\">September 22, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform has opened a waiting list.<\/p>\n<p>The Plasma One card will offer 4% cashback on expenses and over 10% annual returns on balances in &#8220;stable coins.&#8221;<\/p>\n<p>Users will be able to top up their accounts with fiat-pegged tokens, starting with <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">USDT<\/a>. Payments will be deducted directly from this balance via a physical or virtual card. The card will be issued by Rain, known for the Avalanche Card.<\/p>\n<p>Returns will be provided by <a href=\"https:\/\/forklog.com\/en\/news\/what-is-decentralised-finance-defi\">DeFi<\/a> protocols within the Plasma ecosystem. Interest will be accrued without requiring funds to be locked.<\/p>\n<p>Plasma is an <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-ethereum-virtual-machine-evm\">EVM<\/a>-compatible <a href=\"https:\/\/forklog.com\/en\/news\/sidechains-what-they-are-and-how-they-work\">sidechain<\/a> of Bitcoin, designed for free USDT transactions. The network secured $3.5 million in investments in a round led by Bitfinex and $20 million in a Series A round involving Peter Thiel&#8217;s Founders Fund.<\/p>\n<p>Back in August, Plasma <a href=\"https:\/\/forklog.com\/en\/news\/etherfi-allocates-500-million-to-plasma-in-partnership-deal\">announced<\/a> a partnership with the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a> protocol EtherFi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoin project Plasma is preparing to launch its own neobank, Plasma One, following the mainnet launch at the end of September.<\/p>\n","protected":false},"author":1,"featured_media":89170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Plasma to launch neobank with over 10% returns after mainnet launch.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[95,807,1245],"class_list":["post-89169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitfinex","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"216","promo_type":"1","layout_type":"1","short_excerpt":"Plasma to launch neobank with over 10% returns after mainnet launch.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89169"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89169\/revisions"}],"predecessor-version":[{"id":89171,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89169\/revisions\/89171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89170"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}