Paxos's integration with Avalanche could accelerate institutional crypto adoption by enhancing compliance and expanding payment infrastructure.
CryptoBriefing•Editorial Team13h ago
MoonPay issues the token. It is backed by PYUSD. PYUSD is issued by Paxos and backed by actual dollars and Treasuries. Count the layers: there are two, and the law Congress passed last year describes one.
Paxos-issued USDG has launched natively on Mantle, adding the Ethereum layer-2 network to a stablecoin coalition with more than 150 partners. USDG brings native stablecoin issuance to Mantle Global Dollar Network said in its announcement on Sept. 3 that USDG…
Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.
Cointelegraph•Cointelegraph by Nate Kostar3 Sept
Paxos' stablecoin growth highlights increasing institutional trust and integration, potentially reshaping digital payment ecosystems globally.
CryptoBriefing•Editorial Team23 Aug
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have […]
CryptoSlate•Andjela Radmilac23 Aug
The rapid growth of USDG on Robinhood Chain highlights the increasing appeal of high-yield stablecoins, potentially reshaping financial ecosystems.
CryptoBriefing•Editorial Team21 Aug
USDG's rapid DeFi adoption highlights a shift towards stablecoins as active financial instruments, enhancing their role in decentralized finance.
CryptoBriefing•Editorial Team18 Aug
Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.
MiCA compliance grants Circle and Paxos a competitive edge in the EU, potentially reshaping stablecoin market dynamics and regulatory strategies.
CryptoBriefing•Editorial Team29 Jul
Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
The Defiant•The Defiant Team9 Jul
PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. According to a press release shared with crypto.news, Paxos-issued PYUSD…
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
NewsBTC•NewsBTC Editorial Team8 Jul
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
NewsBTC•NewsBTC Editorial Team8 Jul
Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece of regulatory relief in the United States. TL;DR This article was written by the News Desk and ed
NewsBTC•NewsBTC Editorial Team6 Jul
Avalanche Payments Collective was launched yesterday. Founding participants include Franklin Templeton, VanEck, Paxos, Agora, Ethena, Rain, and others spanning the payments stack. The Collective brings together companies spanning stablecoins, treasury infrastructure, foreign exchange, custody, card issuance, asset management, and global payouts. Moreover, the future of payments requires more than faster
TheNewsCrypto•Sarayu Krishna19 Jun
Avalanche's Payments Collective could redefine global finance by leveraging institutional crypto adoption, but execution and integration remain key.
CryptoBriefing•Editorial Team18 Jun
Trace Finance, a regulated cross-border payments company, closed a $32 million Series A to extend its stablecoin settlement infrastructure beyond Latin America and into global markets. Coinfund Leads the Round According to the release shared with Bitcoin.com News, Coinfund led the raise. Coinbase Ventures, Haun Ventures, Jump Capital, Valor Capital, Paxos, and HOF Capital joined […]
Bitcoin.com News•Jamie Redman17 Jun
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others participating.
The Block•Yogita Khatri17 Jun
The 22-page memorandum is the first formal supervisory link between the New York regulator licensing Circle, Paxos and Gemini and the EU body overseeing MiCA stablecoin issuers, committing both authorities to quarterly reserve-data exchange as the GENIUS Act and MiCA move toward enforcement.
The Defiant•The Defiant Team2 Jun