Key Takeaways XRP support covers buying, selling, holding, deposits, and withdrawals. Paxos cited XRP holdings across more than 8.1 million wallets. Each financial business determines its own customer-facing offering. XRP Gains Buying, Selling, and Transfer […]
Arbitrum has joined Paxos’s Global Dollar Network and launched USDG natively on Arbitrum One. A governance proposal asks ArbitrumDAO to make USDG growth a strategic objective, add 100 million ARB to the DRIP incentive program […]
Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is […]
Key Takeaways Paxos Labs launched PAXGy on Sept. 24, opening access to a gold-lending market quoted for 50 years. PAXGy arrives as Paxos Labs says roughly $530 billion of gold sits in ETFs that can […]
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users expect. The […]
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users expect. The […]
Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece of regulatory relief in the United States. For more details, visit the official […]
TLDR House of Doge is partnering with Paxos to integrate DOGE into crypto brokerage and custody infrastructure Paxos powers crypto services for PayPal, Venmo, Interactive Brokers and Mercado Libre DOGE will be available for distribution […]
The need for banks and brokerages for building crypto-based infrastructure is alleviated by a registered blockchain clearinghouse. Blockchain-based post-trade infrastructure may bring about same-day settlement while simultaneously lowering costs and increasing operating efficiency. The first […]
Key Takeaways The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency. The regulatory milestone enables Paxos to deliver same-day T+0 settlement for U.S. equities. Following a 7-year effort, legacy […]
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