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'CryptoDad' Giancarlo Joins Paxos Board


Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper


Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal...

PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos


According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month. The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews

Paypal Integrates PYUSD for International Transfers on Xoom


On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD...

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