Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.
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Aug 8, 2023 at 2:43 p.m. UTC
Aug 8, 2023
Paxos
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Paxos Has Other 'White Label Stablecoin Opportunities' in the Works, Head of Strategy Says
PayPal USD is the first regulated stablecoin from a global payments company. The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxo...
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Aug 8, 2023 at 2:02 p.m. UTC
Aug 8, 2023
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PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy
Global payments giant PayPal is launching its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The Ethereum-based token will be available to PayPal users in the U.S. and...
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Aug 8, 2023 at 1:58 p.m. UTC
Aug 8, 2023
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PayPal’s Regulated Stablecoin Is ‘Watershed Moment’ in Crypto, Says Partner Paxos
That's because the token is being issued by Paxos, a regulated company, which means holders will have more protections, a Paxos exec says.
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Aug 7, 2023 at 7:57 p.m. UTC
Aug 7, 2023
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MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
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Jun 15, 2023 at 8:17 p.m. UTC
Jun 15, 2023
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MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.
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Jun 1, 2023 at 4:16 p.m. UTC
Jun 1, 2023
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Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada
The company joins others that have decided to depart from the country in the face of increased regulatory requirements.
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Apr 12, 2023 at 7:38 p.m. UTC
Apr 12, 2023
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Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High
This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.
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Apr 4, 2023 at 9:06 p.m. UTC
Apr 4, 2023
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Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows
Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD...
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Mar 27, 2023 at 6:50 p.m. UTC
Mar 27, 2023
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Stablecoins Explained: 3 Things You Need to Know
Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunc...
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Mar 22, 2023 at 9:09 p.m. UTC
Mar 22, 2023