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SD8 LLC Will Issue First Professional Athlete Investment Token (PAInT) NEW YORK, Sept. 26, 2019 /PRNewswire/ -- NBA athlete, entrepreneur, and philanthropist Spencer Dinwiddie today announced DREAM Fan Shares, his new and innovative investment platform.…
We’re proud to announce that as of today, the new stablecoin Binance USD (BUSD) is now available on the Paxos platform. As we announced last week, BUSD was developed in…
A year ago today, Paxos Trust Company launched the Paxos Standard (PAX) stablecoin, the world’s first regulated crypto-asset fully collateralized 1:1 by the U.S. Dollar. We launched PAX to give…
Binance USD (BUSD) is a new USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) that will be launched in partnership with Paxos and Binance.
Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. The week of September 16 it will…
Paxos is the USD custodian and issuer of BUSD.
BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit…
Just like with PAX, there are no fees associated with creating or redeeming BUSD.
Paxos treats BUSD as USD on our platform. That means you can instantly get USD when you deposit BUSD onto our platform. You can then withdraw your funds as USD.
Paxos stablecoins are digital dollars that will always equal a dollar. High standards of consumer protection Paxos-issued stablecoins – and their reserves – are subject to strict regulatory oversight by…
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