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Paxos, one of the leading regulated stablecoin issuers and tokenization platforms, has filed for regulatory approval to become a national trust bank. Paxos, which issues PayPal USD (PYUSD) and Pax Dollar (USDP) stablecoins, announced that it is looking to convert…
Recap
Market players from Coinbase to Animoca Brands unveiled new ventures, this week. Here’s a breakdown of the top stories shaping the crypto landscape.
News
After years of legal troubles, Paxos has finally settled its Binance USD stablecoin case.
News
PayPal’s Paxos-powered stablecoin, PYUSD is offering rewards for holders who hold at least 1 PYUSD in their Cryptocurrencies Hub. The stablecoin has also launched on the Arbitrum chain. According to the latest update on the payment firm’s cryptocurrency terms and…
News
Paxos has expanded its Global Dollar stablecoin into the European Union under the region’s new crypto regulations. The launch was announced in a July 1 press release by Paxos, revealing that the coin is fully compliant with the EU’s Markets…
News
Huma has officially joined the Global Dollar Network, a strategic coalition of leading fintech and crypto organizations aimed at driving the mainstream adoption of stablecoins. Spearheaded by Paxos and powered by the USDG stablecoin, the GDN is focused on fostering…
News
Global Dollar, the stablecoin issued by Paxos Digital Singapore, is going multichain with expansion to Solana. The Global Dollar Network announced on Feb. 25 that the U.S. dollar pegged stablecoin, which Paxos introduced on November 1, 2024, was now available…
SOL
Solana
News
Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team. In a…
News
Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…
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Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS’ upcoming stablecoin framework.” Digital assets company Paxos has launched a new stablecoin, Global Dollar (USDG), designed to meet stringent compliance standards set by…
News
In a recent open letter, Paxos CEO Charles Cascarilla expressed concerns that the United States risks falling behind in global finance without adopting stablecoin technology. Addressed to current presidential candidates, Vice President Kamala Harris and former President Donald Trump, the…
News
Paxos just announced the launch of its new stablecoin payments platform. Stripe, a global payment processor, is the first company to use this new platform to support its “Pay with Crypto” feature, according to a press release. This partnership allows…
News
World Liberty Financial, a crypto project backed by the Trump family, has whitelisted over 100,000 accredited U.S. investors ahead of the WLFI token presale, which begins Tuesday. During a live stream on X, the team behind WLFI provided updates, including…
News
Paxos International has launched its yield-bearing stablecoin Lift Dollar on Ethereum layer-2 network Arbitrum. The UAE-based subsidiary of Paxos, regulated by Abu Dhabi’s Financial Services Regulatory Authority, announced the expansion of Lift Dollar (USDL) to Arbitrum (ARB) on Oct. 9.…
News
Paxos will integrate with Arbitrum to enhance its presence in Ethereum’s ecosystem and facilitate institutional adoption of on-chain real-world assets. Stablecoin issuer Paxos will integrate with Arbitrum (ARB), the Ethereum layer-2 scaling solution, in a move aimed at expanding its…
ARB
Arbitrum
News
Crypto community has another reason to celebrate as the U.S. Securities and Exchange Commission (SEC) has dropped its investigation against Hiro Systems, a developer firm integral to the Bitcoin Layer-2 network Stacks. A SEC filing on July 12 revealed that…
STX
Stacks
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