Paxos
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.
Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
Paxos Co-Founder on Stablecoins and Access to Yield
Paxos co-founder Charles Cascarilla joins CoinDesk live to discuss its recent announcement on the Stellar network. The stablecoin issuer discusses the importance of creating trust within the network and how blockchain is enabling an open financial system for the future of moving money.
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