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Paxos
Mastercard to Test USDC for Payments as Stablecoin Scrutiny Intensifies
Mastercard will use the USDC stablecoin as a bridge asset for cardholders who want to pay for goods using cryptocurrencies.
Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement
Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
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.
Senate Banking Chairman 'Concerned' by OCC's Crypto Charters
Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.
Market Wrap: Ether Climbs, Pushing Past 'Musk Dip' as Crypto Volatility Increases
Investors are buying and no longer panicking.
Bank of America Joins Paxos Network Eyeing Same-Day Stock Trade Settlement
The Paxos Settlement Service uses blockchain technology to speed up the process of completing transactions.
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.
Paxos Raises $300M, Joins Crypto Unicorn Club at $2.4B Valuation
The back-end provider for PayPal and Venmo is raising “confidence capital” to expand operations, said CEO Charles Cascarilla.
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.