Paxos

US Representative McHenry Praises PayPal’s Groundbreaking Stablecoin Launch

Chairman McHenry supports PayPal's stablecoin launch and its correlation with bipartisan stablecoin regulation.

1 year ago

MakerDAO Proposes Eliminate Of $500M In USDP From Its Reserves

MakerDAO wants to lower the USDP peg stability module debt limit from 500 million DAI to 0 DAI.

2 years ago

Rumor: Paxos Set To Exit Canadian Market On May 9th

Paxos has been reported that it will no longer serve customers in Canada. The company said it would disable Canadian…

2 years ago

Paxos’s Application For A New Bank Charter Expired On March 31

Paxos' first application for a new bank charter, submitted in December 2020, expired on March 31.

2 years ago

Paxos Proves Its Worth: Safely Redeems $7.9B BUSD without Market Turbulence

Paxos, a leading regulated blockchain and tokenization infrastructure platform, has successfully redeemed over $7.9 billion worth of Binance USD (BUSD)…

2 years ago

How Is Signature Bank Enjoying The Advantage When Silvergate’s Rival Collapses?

At a time when SilverGate was in crisis and stopped operating suddenly after a series of clearly indicated financial risks,…

2 years ago

Paxos Shields From Silvergate And SEN Network Failures

Paxos recently made an announcement on Twitter regarding its relationship with Silvergate, a prominent cryptocurrency bank.

2 years ago

Silvergate Loses More Partners Mid Crisis

Key points: Many big names in the crypto space in the United States have announced they are severing ties or…

2 years ago

Coinbase Will Pause BUSD Trading On March 13 Amid Regulatory Suppression

Key Points: Cryptocurrency exchange Coinbase has announced it will suspend trading and delist the stablecoin asset BUSD managed by Paxos.…

2 years ago

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