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Mastercard, Paxos Team Up to Help Banks Offer Crypto Trading

Mastercard has formed a partnership with crypto trading platform Paxos to offer a program that will help financial institutions offer cryptocurrency trading. "The Hash" panel discusses the latest move bringing digital assets to the mainstream.

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Circle CEO Expects USDC to Benefit From Binance's Auto-Converting

Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.

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Paxos Exec on the Future for Stablecoins in Aftermath of UST's Collapse

UST's $14 billion collapse has sent ripples across the stablecoin market and wider crypto industry. Mike Coscetta, chief revenue officer at stablecoin developer and issuer Paxos, discusses what makes the Pax Dollar (USDP) different and shares his take on the risks of algorithmic stablecoins and what the future holds for DeFi. Plus, insights into partnering with Brazil's largest digital bank Nubank to launch BTC and ETH trading in the country.

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E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil

Mercado Libre, Latin America’s largest e-commerce company by market value, is integrating Paxos’ blockchain infrastructure to allow users in Brazil to buy, sell and hold cryptocurrencies, including bitcoin, ether, and the USDP stablecoin. "The Hash" hosts discuss the latest initiative accelerating mainstream adoption of crypto and stablecoins across Brazil and the world.

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Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms

Mastercard’s Raj Dhamodharan and Paxos’ Walter Hessert discuss their partnership enabling more banks and crypto companies to offer card programs, helping crypto holders spend their digital assets anywhere Mastercard is accepted.

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Paxos General Counsel on Stablecoin Backings, Risks and Regulations

Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.

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Sen. Sherrod Brown Urging the OCC to Reassess Crypto Trust Charters

Ohio Senator Sherrod Brown wrote a letter to Acting Comptroller of the Currency Michael Hsu, urging the OCC to reassess the trust charters granted to three crypto companies: Paxos, Anchorage, and Protego. CoinDesk's Nik De breaks down what we know so far about Brown's letter.

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Paxos Joins Crypto Unicorn Club After Latest $300M Funding Raise

After a massive funding round, Paxos has joined the crypto unicorn club that generated $300 million, valuing the company at $2.4 billion. “The Hash” panel discusses what Paxos’ plans are to use with the capital and what Paxos’ success means for the broader crypto ecosystem.

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Paxos Becomes the Third Federally Regulated ‘Crypto Bank’

Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such “crypto bank” to be nationally regulated. Paxos’ General Counsel Dan Burstein joins “First Mover” to discuss what it means to become a crypto bank and if it will affect its partnership with PayPal.

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Paxos CEO: Mainstream Adoption of Crypto Will Revolutionize the Financial System

Charles Cascarilla, CEO of Paxos, joins “First Mover” to weigh in on the Bitfinex and Tether settlement, the rise of USDT around the world and the impact of institutional adoption by major players including PayPal.

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