Rise in Stablecoin Use Inspires Greater Financial Connectivity
As financial leaders around the world look to fortify business models with an eye toward future innovations, many are turning their attention towards digital assets and crypto markets.
As financial leaders around the world look to fortify business models with an eye toward future innovations, many are turning their attention towards digital assets and crypto markets.
Rewards programs have been around for decades and are known to be widely popular with customers across competitive markets. And while brand loyalty is valuable, it can also be fickle, and customers are constantly looking for new ways of getting value.
After years of planning, work, and anticipation, all it took was 15 minutes for the network upgrade known as the Ethereum Merge to be complete, joining the existing execution layer of Ethereum with its new proof-of-stake consensus layer, known as the Beacon Chain.
As noted in a previous post, cryptocurrency and blockchain technology adoption are ramping up in Latin America, with rapid growth acceleration projected for 2023 and beyond.
Paxos, the leading regulated blockchain infrastructure platform, published “What’s Driving the Immense Growth of Crypto in Latin America?”, a new white paper that delves into the consumer and market trends fueling adoption of digital assets in the region. Following the successful integration of crypto into numerous Latin American fintech apps like Mercado Libre, Nubank, PicPay and others, Paxos sought to understand the drivers behind the region’s robust embrace of cryptocurrency. Crypto usage in Latin America has increased by 1370% from 2019-2021, according to Chainalysis.
Risk Warning On Digital Payment Token Services Last Modified: April 3, 2024The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of…
Carolina Ceballos has joined Paxos as our first dedicated Chief Compliance Officer. As Chief Compliance Officer, Carolina will ensure Paxos meets its global regulatory obligations and that we continue to act as a trusted partner for clients on all compliance issues.
We’re pleased to partner with Floating Point Group to streamline how financial institutions can get access to USDP and BUSD, the regulated stablecoins from Paxos. Floating Point Group is a cryptocurrency prime brokerage with an institutional trading desk and an advanced settlement platform.
Until recently, crypto owners who purchased the assets through fintech apps were somewhat limited in how they could utilize their digital assets.
There are many theories as to when blockchain technology and crypto potentially become as familiar to us as ATMs and credit cards.