Paxos
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.
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.
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
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.
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.
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.
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.
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.
Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX
Mastercard's new global system aims to make stablecoin transactions as seamless as traditional payments.
Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.
