The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024. With peers including Circle and ...
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Paxos, a New York-based stablecoin issuer, without recommending enforcement action. The SEC’s decision follows a ...
What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.
Stablecoins issuer Paxos has been granted regulatory clearance to broaden its offerings onto the Solana (CRYPTO: SOL) blockchain. Plans to initiate this expansion are set for Jan. 17, 2024. Paxos "is ...
In the second edition of “Stablecoin Policy 101,” digital assets firm Paxos take a careful look at the landscape for stablecoin regulation in the United States, examining state versus federal ...
Paxos, the veteran stablecoin and blockchain infrastructure firm, is leaning further into DeFi. On Tuesday, the company announced that it had acquired Fordefi, a New York-based startup that helps ...
ABU DHABI, United Arab Emirates & DUBAI, United Arab Emirates & NEW YORK--(BUSINESS WIRE)--Paxos, the leading regulated blockchain and tokenization infrastructure platform, has partnered with Standard ...
Paxos, the blockchain infrastructure platform, announced it has acquired Fordefi, which is described as an institutional-grade custody and wallet technology provider. Businesses have reportedly relied ...
Key insight: Paxos Labs and Aleo have launched a stablecoin that includes "privacy" for payroll. What's at stake: Other fintechs are also targeting stablecoins for payroll, creating competition.
Ronak Daya, Head of Product at Paxos, commented, "Paxos offers its customers the opportunity to safely participate in the digital asset economy. By integrating with Mesh, we're ensuring those ...
A stablecoin issuer that was once worth $2.4 billion has slashed approximately 20% of its employees, according to The Block. Paxos, the company behind the layoffs, said the decision to cut 65 ...