Paxos
Five Crypto Firms Win Initial Approvals as Trust Banks, Including Ripple, Circle, BitGo
The firms have obtained conditional approval from the Office of the Comptroller of the Currency to convert into national trust banks.
Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services
The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.
Paxos Fat-Fingers $300T of PayPal Stablecoin, Outpacing USD's $2.4T Supply
The supply deluge was quickly reversed with burn mechanism.
Tether and Circle’s Dominance Is Being Put to the Test
The dominance of Tether and Circle, once seen as unshakable, is now facing its most formidable test yet, crypto product and strategy professional James Murrell argues.
Gold-Backed Tokens Hold Firm in $19B Crypto Rout, but Rally May Be Near Exhaustion
Gold-backed tokens have been a refuge for crypto investors, with year-to-date gains of over 50%, mirroring gold's historic rally.
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.
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.
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
