The company aims to compete with major stablecoin issuers, utilizing Solana's efficiency for lower fees with Paxos USDP stablecoin.
Previously confined to Ethereum, Paxos expansion to Solana in direct competition with peers like Circle and Tether for critical market…
MakerDAO wants to lower the USDP peg stability module debt limit from 500 million DAI to 0 DAI.
Key Points: BUSD, the third largest stablecoin, which holds a lot of market share, has been dealt a heavy blow…
Key Points: Paxos has offered to pay a fee to DeFi giant MakerDAO to hold $1.5 billion in stablecoin USDP…
After obtaining a license under the Payment Services Act, Paxos, the issuer of the USDP stablecoin, will be authorized to…
WazirX, a major Indian cryptocurrency exchange, has decided to delist the USD Coin (USDC) and transfer the remaining holdings into…
Cryptocurrency exchange Paxos has also voiced its support with the consolidation of balances of USDC, USDP and TUSD which will…
Binance has announced its new stablecoin strategy. This plans to introduce a BUSD auto-conversion feature to help users convert their…
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