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Nalezeno "paxos": 318

Transak Lists Paypal’s PYUSD for Easier Crypto Access

18.6.2024
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak...

Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch

16.6.2024
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off...

Lift Dollar, a new stablecoin from Paxos International

6.6.2024
The new project exemplifies Paxos International’s dedication to supporting widespread stablecoin usage and industry expansion. The most notable advantage of the new offering is that investors will profit from the yield obtained on reserves. The new product introduction serves to solidify...

Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields

6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...

Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors

14.5.2024
Paxos, a leading regulated blockchain and tokenization infrastructure platform, has appointed J. Christopher Giancarlo, the former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors. The post Former CFTC Chair Christopher Giancarlo Joins Paxos Board...

'CryptoDad' Giancarlo Joins Paxos Board

14.5.2024
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 USD Circulation Drops by 39% to $188.5 Million in March: Paxos

8.4.2024
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

Chainlink’s PYUSD Price Feed boosts PAXOS’ Tokenized RWA Economy

8.2.2024
Chanlink supports the PYUSD Chainlink Price Feed on the Ethereum mainnet in order to accelerate the promotion of PayPal USD, PayPal’s USD-backed stablecoin published by Paxos. Users can get decentralized, accurate, and reliable PYUSD market data on the blockchain with this current PYUSD Price...

Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence

3.1.2024
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...

Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon

22.12.2023
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...

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