paxos

Jeremy Bezanger/Unsplash
Crypto Long & Short: The Trouble With Ticker Symbols
Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.
Jeremy Bezanger/Unsplash

dollars
Paxos Renames Standard Stablecoin as Pax Dollar
USDP's updated smart contract will go live on Aug. 31.
dollars

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What We Know – and Don’t Know – About Stablecoins’ Dollar Backing
(Updated Oct. 31, 2021) As information disclosed by issuers varies, it’s not easy for investors to make apple-to-apple comparisons.
alicia-razuri-mmHzeIV52ZI-unsplash

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Bank of America, Coinbase Ventures Invested in Paxos' $300M Funding Round
The blockchain-based crypto services firm is disclosing more big names from its latest funding round.
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Paxos
Paxos Reveals Assets Backing Stablecoins PAX, BUSD
Paxos's reserves consisted of only cash and U.S. Treasury bills.
Paxos

Mastercard USDC stablecoin
Mastercard to Test USDC for Payments as Stablecoin Scrutiny Intensifies
Mastercard will use the USDC stablecoin as a bridge asset for cardholders who want to pay for goods using cryptocurrencies.
Mastercard USDC stablecoin

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Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement
Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.
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Close up shot of gold bars
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
Close up shot of gold bars

U.S. Senator Sherrod Brown
Senate Banking Chairman 'Concerned' by OCC's Crypto Charters
Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.
U.S. Senator Sherrod Brown