Paxos

Paxos

Finance

Aleo and Paxos Labs Launch Privacy-Focused Dollar Stablecoin Aimed at Institutions

The USAD token encrypts transaction data end-to-end, aiming to enable private, programmable digital dollars.

Paxos Labs co-founder Bhau Kotecha (Paxos Labs)

Markets

Tokenized Gold Market Nears $3B as Bullion Blasts to Fresh Record Highs

Tether's XAUT and Paxos' PAXG, the two largest gold-backed tokens, posted record monthly trading volumes in September as spot gold pushed above $3,800.

Gold bars.

Finance

PayPal's $1.3B Stablecoin Expands to 9 New Blockchains With LayerZero Integration

The interoperability protocol is introducing a permissionless version of the token to Aptos, Avalanche, Tron and several other chains.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Markets

Tokenized Gold Market Tops $2.5B as the Precious Metal Nears Record Highs

Gold-backed tokens XAUT and PAXG have surged to fresh highs in market capitalization as the metal trades near its April peak.

A gold bar (Scottsdale mint/Unsplash)

Policy

Paxos Applies for National Bank Trust Charter, Joining Stablecoin Issuers Circle, Ripple

The stablecoin issuer seeks to convert its New York Department of Financial Services license to federal oversight

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Policy

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD

In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

Consensus 2025: Adrienne A. Harris

Finance

Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

Visa's platform now supports four stablecoins across four blockchains, including Ethereum and Solana.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

Finance

Anchorage to Phase Out USDC, Agora USD Citing Risks, Stirring Fierce Backlash

The crypto custodian rated USDC and AUSD poorly for regulatory oversight and reserve management, while executives from VanEck, Coinbase and others questioned the ranking.

Circle's logo and name (Sandali Handagama/ CoinDesk)

Finance

Mastercard Expands Stablecoin Push With Paxos, Fiserv and PayPal Integrations

The payments giant is integrating PYUSD, USDG and FIUSD into its network, expanding stablecoin payments and settlements for consumers and merchants.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Finance

Fiserv Joins Stablecoin Fray, Teaming Up With Circle, Paxos, PayPal for Launch on Solana

The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.

U.S. dollar (Unsplash, modified by CoinDesk)