TL;DR Paxos publishes a guide for banks to integrate stablecoins into their operations. Stablecoin issuers now hold more U.S. Treasury bonds than several sovereign nations. The
TL;DR Market Growth: Tokenized commodities surpassed $6 billion, led by strong demand for gold-backed tokens and dominated by Ethereum’s $5.933 billion footprint. Issuer Leadership: Tether and
Paxos announced today the acquisition of Fordefi to enhance its custody and wallet infrastructure, according to the company’s official statement. The firm confirmed that the deal
TL;DR Paxos accidentally minted 300 trillion PayPal PYUSD tokens and sent them to an inaccessible address 22 minutes later. PYUSD maintained its dollar peg, dropping temporarily
TL;DR Paxos Labs and the Aleo Foundation will launch USAD, a stablecoin that introduces encrypted transactions using zero-knowledge technology. The token will be issued on the
TL;DR Circle and Paxos tested a system that authenticates payments with stablecoins, allowing each token to be traced back to its issuer and reducing the circulation
TL;DR Paxos has applied to convert its New York trust charter into a national trust charter under federal oversight by the OCC. The new federal license
TL;DR Paxos launched USDG in the European Union after securing regulatory approval and meeting MiCA requirements. The stablecoin is backed by multiple banks. USDG operates on
TL;DR Fiserv will launch FIUSD, a stablecoin built on Solana that will integrate into its banking and payments network with no extra costs or operational changes.
TL;DR Global Reach: Mastercard teams up with Circle and Paxos to enable stablecoin payments across 150 million merchant locations. Streamlined Transactions: Leveraging blockchain technology, the solution
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