Paxos


Markets

Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.

Gold bar (Scottsdale mint/Unsplash)

Finance

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Videos

Paxos Co-Founder on Stablecoins and Access to Yield

Paxos co-founder Charles Cascarilla joins CoinDesk live to discuss its recent announcement on the Stellar network. The stablecoin issuer discusses the importance of creating trust within the network and how blockchain is enabling an open financial system for the future of moving money.

CoinDesk

Markets

PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana

The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token's growth.

A large PayPal logo is on display outside its corporate HQ (Shutterstock)

Policy

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

The Monetary Authority of Singapore released its stablecoin framework last year.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Markets

Paxos Cuts 20% of Staff: Reports

A Bloomberg report says the company will have an increased focus on tokenization.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.

A U.S. dollar coin balances on top of rocks

Finance

Paxos Unveils Yield-Generating Stablecoin Lift Dollar

USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Policy

'CryptoDad' Giancarlo Joins Paxos Board

J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.

J. Christopher Giancarlo, Former Chairman, U.S. Commodity Futures Trading Commission, Willkie Farr & Gallagher (Shutterstock/CoinDesk)

Paxos | CoinDesk