Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX
Mastercard’s new global system aims to make stablecoin transactions as seamless as traditional payments.
Paxos
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token’s growth.
Paxos Cuts 20% of Staff: Reports
Bloomberg report says the company will have an increased focus on tokenization.
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange’s August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.
Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
Binance, Coinbase, OKX, and Paxos have all released statements.
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.