Plasma One
A stablecoin-native neobank running on its own chain — zero-fee USD₮ transfers, though XPL fell ~94% from its high.
Stablecoin neobank on own L1; XPL −94% from high.
The facts
| Category | web3-native |
| HQ | — |
| Founded | 2025 |
| Custody | Self-custodial |
| Regulation type | Self-custodial software |
| Licence detail | Own L1; card via issuer partners |
| Card | Visa · Virtual + physical |
| Cashback | Up to 4% XPL |
| Yield | 10%+ APY USD₮ |
| Stablecoins | Yes |
| KYC | Card only |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Countries | Global |
| Founders | Paul Faecks |
| Funding | ~$74M + XPL sale; Tether-linked |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @Plasma ↗
comparePut Plasma One side by side with any of the other 356 tracked neobanks in the directory — custody, licence, cashback, yield, stablecoins and geography in one view.
Peers
Phantom · MiniPay · Eco (Beam) · Dakota · MetaMask · Solflare
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.