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Paxos
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.
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.
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.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.
Paxos Cuts 20% of Staff: Reports
A Bloomberg report says the company will have an increased focus on tokenization.
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.
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).
'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.
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
The exchange announced earlier this year that it would “gradually” end support for the stablecoin.
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
