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In a groundbreaking move, billionaire investors Peter Thiel and Tether's CEO, Paolo Ardoino, have thrown their weight behind Plasma, a crypto startup that's making waves in the stablecoin arena. Plasma recently secured a whopping $24 million in funding to develop a new blockchain tailored specifically for Tether's USDt, the world's most widely used stablecoin. This funding round was spearheaded by Framework Ventures and saw participation from notable entities like Bitfinex, Thiel, and Ardoino.