Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
Stablecoin operator Paxos announced a gold-backed Ethereum token, PAX Gold Go to Source Powered by WPeMatico
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Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’
Binance announced its partnership with Paxos to launch USD-backed stablecoin, approved by the NYDFS Go to Source Powered by WPeMatico
Binance and Paxos Just Made It Easier to Exchange Stablecoins for Fiat
Top crypto exchange Binance and stablecoin issuer Paxos have partnered to integrate a new fiat deposit gateway on Binance’s flagship trading platform Go to Source Powered by WPeMatico
Crypto Exchange Seed CX Adds Support for Three Stablecoins
Seed CX cryptocurrency exchange adds support for stablecoins Paxos, USD Coin, and TrueUSD Go to Source Powered by WPeMatico
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services Go to Source Powered by WPeMatico
Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD
PAX stablecoin tokens can now be instantly redeemed for U.S. dollars, the company announced Go to Source Powered by WPeMatico
Ontology to Launch Regulated USD-Backed Stablecoin PAX on its Blockchain
A new version of the USD-backed stablecoin Paxos Standard will be launched on the enterprise blockchain platform Ontology Go to Source Powered by WPeMatico
While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations
The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market … Read more
Stablecoins Are Threatened by These Two Major Issues
On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May … Read more
Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year, CEO Says
Paxos CEO, Chad Cascarilla has said that the company’s gold-backed coin will be launched in 2019 Go to Source Powered by WPeMatico
