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Paxos

MakerDAO founder Rune Christensen (Original image by Trevor Jones)
Finance
Makerdao
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.
MakerDAO founder Rune Christensen (Original image by Trevor Jones)
By Krisztian Sandor
Jun 15, 2023 at 8:17 p.m. UTC
Jun 15, 2023
MakerDAOMakerRune ChristensenDAIPaxos DollarGeminiGUSDPaxos
MakerDao (Brady Dale/CoinDesk)
Markets
Makerdao
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.
MakerDao (Brady Dale/CoinDesk)
By Krisztian Sandor
Jun 1, 2023 at 4:16 p.m. UTC
Jun 1, 2023
MakerDAODAIPaxosPaxos DollarStablecoin
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
Finance
Paxos
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.
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
By Helene Braun
Apr 12, 2023 at 7:38 p.m. UTC
Apr 12, 2023
PaxosBUSDRegulationCanada
(Unsplash)
Markets
Markets
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.
(Unsplash)
By Krisztian Sandor
Apr 4, 2023 at 9:06 p.m. UTC
Apr 4, 2023
MarketsStablecoinsPaxosTetherGoldTokenized AssetsBitcoin
(Danny Nelson/CoinDesk)
Finance
Binance
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Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD...
(Danny Nelson/CoinDesk)
By Sage D. Young
Mar 27, 2023 at 6:50 p.m. UTC
Mar 27, 2023
BinanceCFTCOn-chain DataPaxos
Stablecoins Explained: 3 Things You Need to Know
Video
Consensus
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...
Stablecoins Explained: 3 Things You Need to Know
By CoinDesk Inc
Mar 22, 2023 at 9:09 p.m. UTC
Mar 22, 2023
ConsensuspaymentsColumbia UniversityPaxosStablecoinfiatExplainerTetherUSDCBUSDJesse austin campbell
Crypto Bank Silvergate Shutdown: 3 Key Takeaways
Video
Circle
Crypto Bank Silvergate Shutdown: 3 Key Takeaways
The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to "voluntarily liquidate" its assets and win...
Crypto Bank Silvergate Shutdown: 3 Key Takeaways
By CoinDesk Staff
Mar 13, 2023 at 1:00 p.m. UTC
Mar 13, 2023
CirclebankingCoinbasePaxosRegulationFTXExplainerSilvergateSilvergate BankSignature BankhearingcontagionAlameda
Silvergate Bank's Collapse Explained
Video
Paxos
Silvergate Bank's Collapse Explained
Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campell joins “All About Bitcoin” to discuss the circumstances that cause...
Silvergate Bank's Collapse Explained
By CoinDesk Inc
Mar 9, 2023 at 9:23 p.m. UTC
Mar 9, 2023
Paxoscdtvaab clipSilvergate BankSignature BankliquidationColumbiaJesse austin campell
(CoinDesk)
Finance
Silvergate
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.
(CoinDesk)
By Sam Reynolds
Mar 9, 2023 at 3:49 a.m. UTC
Mar 9, 2023
SilvergateSilvergate BankCoinbaseBinancePaxosOKX
(Danny Nelson/CoinDesk)
Markets
Stablecoin
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin....
(Danny Nelson/CoinDesk)
By Krisztian Sandor
Mar 3, 2023 at 7:27 p.m. UTC
Mar 3, 2023
StablecoinMarketsTradingBinanceBinance usdCoinbaseLiquidityPaxos