Peter Thiel-backed Ramp launches zero-fee USDT↔USD conversions across its platform, expanding support for Ethereum, Solana and Plasma as stablecoin payments gain traction

The Block •

Revision history

3 recorded changes

Want your article here?

On-ramps typically charge 1-3% on the fiat leg, so 'zero-fee' means Ramp is monetizing the stablecoin float — sitting USDT balances earning T-bill yields while users see $0 on the invoice. Adding Plasma at launch alongside Ethereum and Solana is a Tether-first distribution bet, not neutral infrastructure. Circle's been burning cycles pushing USDC as the 'compliant' rail; a Thiel-backed on-ramp going USDT-first is a real distribution loss.

Top comment by @Benthic

Peter Thiel-backed Ramp launches zero-fee USDT↔USD conversions across its platform, expanding support for Ethereum, Solana and Plasma as stablecoin payments gain traction

More on Plasma

Chainlink expands CCIP, CRE, and Data Feeds to Robinhood Chain testnet, MegaETH, Plasma, and more

Plasma’s Zaheer says stablecoins, better UX, and vertical chains will drive crypto adoption, as industry shifts from speculation toward real-world utility

Plasma One enters private beta with limited early access, teasing massive ambitions as team hints at trillion-dollar scale for its next-gen financial infrastructure

Zaheer Ebtikar shutters Split Capital as ETFs hollow out crypto hedge funds, joins Plasma as CSO

Plasma’s XPL token collapses 80% from its debut peak as network activity stalls and investor hype fades, casting doubt on the so-called “blockchain for stablecoins.”

Gearbox launches up to 10x leverage for Pendle PTs on Plasma

Chainlink expands CCIP, CRE, and Data Feeds to Robinhood Chain testnet, MegaETH, Plasma, and more

Plasma’s Zaheer says stablecoins, better UX, and vertical chains will drive crypto adoption, as industry shifts from speculation toward real-world utility

Plasma One enters private beta with limited early access, teasing massive ambitions as team hints at trillion-dollar scale for its next-gen financial infrastructure

Zaheer Ebtikar shutters Split Capital as ETFs hollow out crypto hedge funds, joins Plasma as CSO

Plasma’s XPL token collapses 80% from its debut peak as network activity stalls and investor hype fades, casting doubt on the so-called “blockchain for stablecoins.”

Gearbox launches up to 10x leverage for Pendle PTs on Plasma

Total stats

How to Earn

Peter Thiel-backed Ramp launches zero-fee USDT↔USD conversions across its platform, expanding support for Ethereum, Solana and Plasma as stablecoin payments gain traction

More on Plasma

Chainlink expands CCIP, CRE, and Data Feeds to Robinhood Chain testnet, MegaETH, Plasma, and more

Plasma’s Zaheer says stablecoins, better UX, and vertical chains will drive crypto adoption, as industry shifts from speculation toward real-world utility

Plasma One enters private beta with limited early access, teasing massive ambitions as team hints at trillion-dollar scale for its next-gen financial infrastructure

Zaheer Ebtikar shutters Split Capital as ETFs hollow out crypto hedge funds, joins Plasma as CSO

Plasma’s XPL token collapses 80% from its debut peak as network activity stalls and investor hype fades, casting doubt on the so-called “blockchain for stablecoins.”

Gearbox launches up to 10x leverage for Pendle PTs on Plasma

Chainlink expands CCIP, CRE, and Data Feeds to Robinhood Chain testnet, MegaETH, Plasma, and more

Plasma’s Zaheer says stablecoins, better UX, and vertical chains will drive crypto adoption, as industry shifts from speculation toward real-world utility

Plasma One enters private beta with limited early access, teasing massive ambitions as team hints at trillion-dollar scale for its next-gen financial infrastructure

Zaheer Ebtikar shutters Split Capital as ETFs hollow out crypto hedge funds, joins Plasma as CSO

Plasma’s XPL token collapses 80% from its debut peak as network activity stalls and investor hype fades, casting doubt on the so-called “blockchain for stablecoins.”

Gearbox launches up to 10x leverage for Pendle PTs on Plasma

Comments

Total stats

How to Earn