Introducing Global Dollar Network – An open network to accelerate and reward global stablecoin adoption driven by Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood

Invite-Only Phase Now Open to Qualifying Participants SINGAPORE – November 5, 2024 - Today, leaders in fintech and digital assets introduced Global Dollar Network, an open network designed to accelerate…

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Paxos Plans Expansion to Stellar Network in Collaboration with Stellar Development Foundation

Today at Meridian 2024 - the annual conference of Stellar - Paxos announced it will integrate with the Stellar network, an open-source blockchain used for a variety of payment and remittance applications. This represents another expansion of Paxos’ tokenization platform to a trusted and growing blockchain.

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Paxos Launches New Stablecoin Payments Platform

Paxos, the leading regulated blockchain and tokenization infrastructure platform, today introduced its new stablecoin payments platform. Stripe’s Pay with Crypto product is powered by Paxos’ stablecoin payments infrastructure, making it easier for merchants to accept stablecoin payments.  As a regulated and trusted provider of blockchain infrastructure, Paxos’ stablecoin payments platform lets payments providers move faster by leveraging the complete solution stack for onboarding, payins, conversions and payouts.

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Read more about the article Yield-Bearing Stablecoin Lift Dollar (USDL) Launches on Arbitrum
USDL launches on Arbitrum

Yield-Bearing Stablecoin Lift Dollar (USDL) Launches on Arbitrum

Paxos International, a UAE-based affiliate of Paxos, today announced Lift Dollar (USDL) – a yield-bearing stablecoin issued by a regulated entity – is now available on Arbitrum. The expansion of USDL onto Arbitrum unlocks cost-effective, fast transactions within a robust gaming, social and DeFi ecosystem.

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Stablecoin Policy 101: State vs. Federal Regulation of Stablecoin Issuers

In the second edition of “Stablecoin Policy 101,” we take a close look at the landscape for stablecoin regulation in the United States, examining state versus federal regulation of stablecoin issuers and the impact each regulatory pathway has on consumers and the broader market.

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Stablecoin Policy 101: Dispelling 7 Common Misconceptions About Stablecoins

Stablecoins are a class of cryptocurrency pegged to a stable value, such as the U.S. dollar. The market capitalization of stablecoins has swelled to the hundreds of billions of dollars and with it, so has the noise around this relatively new asset class.

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Read more about the article Paxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network 
Paxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network

Paxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network 

The Arbitrum Foundation today announced that Paxos, a regulated blockchain infrastructure and tokenization platform, will integrate with Arbitrum, the leading Layer 2 (L2) scaling solution on Ethereum. Arbitrum is the first L2 network that Paxos will enable, joining one of the largest on-chain ecosystems in the space and expanding its presence in the Ethereum ecosystem.

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Paxos Prevails in SEC Investigation of BUSD Stablecoin and SEC Will Not Pursue Enforcement Action

Paxos, the leading regulated blockchain & tokenization infrastructure platform, today announced that it received a formal termination notice from the SEC on July 9, 2024, stating that it will not recommend enforcement action against Paxos Trust Company in the  investigation of Binance USD (BUSD). 

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