We're excited to announce that Cobo has integrated Plasma as one of our preferred stablecoin payment chains, bringing USDT0 (a zero-gas stablecoin backed by Tether) to our institutional payment clients worldwide.

Backed by Founders Fund, Tether, DRW, and Bitfinex, Plasma is purpose-built for stablecoin payments, offering institutions a cost-efficient alternative to traditional USDT settlement rails. 

With Plasma's zero-gas architecture and native USDT0 support, Cobo’s payment service providers, OTC desks, and institutional clients can now settle stablecoin transactions without the burden of network fees.

Zero-Cost Stablecoin Payments

USDT0 brings the stability and liquidity of Tether's USDT ecosystem to Plasma's zero-gas infrastructure. With Tether's backing and involvement, USDT0 promises the deep liquidity and institutional trust of the world's leading stablecoin issuer, on infrastructure that is designed specifically for payment flows.

Cobo clients can now access USDT0 across all platforms, enabling efficient stablecoin settlement for payment use cases that demand high volume and low cost.

Why USDT0 on Plasma?

Traditional USDT settlement on Ethereum and other chains requires gas fees that can make small-value or high-frequency payments economically unviable. Plasma solves this by eliminating gas fees entirely, creating the optimal infrastructure for stablecoin payments at scale.

For payment service providers and institutional clients processing thousands of daily transactions, the difference is transformative: zero-cost USDT0 transfers enable micropayments, instant settlements, and cost structures that simply aren't possible on traditional stablecoin rails.

The integration launches in Q1 2025 ahead of Plasma's Token Generation Event, positioning Cobo as the preferred qualified custodian for USDT0 and XPL tokens from day one.

About Cobo

Cobo is a trusted leader in digital asset custody and wallet infrastructure, serving more than 500 institutional clients globally. With support for 80+ blockchains and 3,000+ tokens, Cobo provides payment service providers, OTC desks, and institutions with secure infrastructure for stablecoin settlement and digital asset management.

For more information, please visit www.cobo.com.

About Plasma

Plasma is a zero-gas stablecoin payment infrastructure backed by Founders Fund, Tether, DRW, and Bitfinex. The network's flagship stablecoin, USDT0, combines Tether's liquidity and stability with zero-cost transaction infrastructure, creating an optimal payment rail for institutions processing high-volume stablecoin settlements.

For more information, please visit www.plasma.to.