Paxos

(dario hayashi/Shutterstock)
Binance Exchange to List Paxos' Gold-Backed Cryptocurrency
PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.
(dario hayashi/Shutterstock)

paypal, venmo, hq
PayPal Picks Paxos to Supply Crypto for New Service, Sources Say
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.
paypal, venmo, hq

A Revolut card (Kay/Unsplash)
UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos.
A Revolut card (Kay/Unsplash)

Screenshot of the MMM BSC homepage (CoinDesk)
Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum
The MMM Ponzi scheme accounts for 10% of Ethereum's transactions and 50% of Paxos's. It's time the Ethereum community did something about it.
Screenshot of the MMM BSC homepage (CoinDesk)

Christopher Giancarlo (CoinDesk archives)
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.
Christopher Giancarlo (CoinDesk archives)

Screenshot of the MMM BSC homepage (CoinDesk)
The $10B Stablecoin Industry Has a Fraud Problem It's Not Addressing
If stablecoins are used for apparently illegal activity, should issuers step in to stop it? So far, they've been reluctant to do so, says our columnist.
Screenshot of the MMM BSC homepage (CoinDesk)

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Bitcoin, Equities Markets Rally on Signs of Hope
"Looks like we're piggybacking on equities with some data possibly indicating virus peaking," says a trader of bitcoin's 5 percent jump Monday.
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fine gold
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult.
fine gold

dollar bill
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD.
dollar bill

(via Shutterstock)
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
(via Shutterstock)