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Paxo Finance Partners With Polygon for Under-Collateralized Loans
The Polygon Layer 2 aggregator network is expanding in terms of partners as Paxo Finance joins the list.
Paxo Finance unveiled a strategic and financial...
Paxos is Paving the Way for New Products. The SEC is Helping
Paxos plans to carry out equity settlement by using a regulatory compliant blockchain-based process. The decision comes after the U.S. Securities and Exchange Commission...
Blockchain.com Adds Paxos (PAX) Stablecoin to its Wallet Platform
Cryptocurrency wallet, Blockchain.com, has partnered with Paxos (PAX) to offer storage to its users. PAX pairs the reliability of USD with the ease and...
Paxos Secured $65mln Of Investments
Paxos, a blockchain and cryptocurrency startup, has raised $65 million from investors, reports Reuters.
The company, which is New-York based, has claimed that its investors...
$ZUSD and $GYEN Stablecoins Go Live on Solana with GMOTrust
The company announced that its stablecoins, $ZUSD, and $GYEN, are now live on the Solana blockchain platform.
This move boosts the stablecoins' use and...
PayPal’s PYUSD Stablecoin Gains Chainlink Price Feed Support
This integration is a significant milestone. Using Chainlink's Oracle network, it offers precise, reliable, and decentralized PYUSD market data on the blockchain.
The availability...
The Top 5 Crypto Regulation Moments of 2023
The year 2023 marked a turning point with significant regulatory developments that sent shockwaves through the industry.
Here, we delve into the top 5...
BUSD’s Downfall, Navigating the Storm of its Decline
A notable crypto development on the horizon is Binance's decision to terminate support for BUSD. The CEX is scheduled to take effect this Friday....
Here’s Why the SEC Cited PayPal
PayPal announced on Thursday that it had received a subpoena from the EC over its PayPal USD (PYUSD) stablecoin. A subpoena is a court...
Why Binance Will Stop Supporting BUSD in 2024?
Paxos, the issuer of BUSD, stopped the issuance of BUSD on February 21st, 2023. BUSD will still have 1:1 backing with US dollar-denominated reserves....