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.

Continue ReadingPaxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network 

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). 

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

Paxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner

Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment token services as a Major Payments Institution. The approval enables Paxos to issue stablecoins in line with MAS’ upcoming stablecoin framework. 

Continue ReadingPaxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner

FROM PAXOS INTERNATIONAL: Lift Dollar (USDL) from Paxos International is Now Available to Users in Argentina via Ripio, Buenbit, Manteca and Plus Crypto

Paxos International, a UAE-based affiliate of Paxos, today announced Lift Dollar (USDL) – a yield-bearing stablecoin issued under regulatory supervision – is now available to consumers in Argentina via distribution partners Ripio, Buenbit, Manteca and Plus Crypto. 

Continue ReadingFROM PAXOS INTERNATIONAL: Lift Dollar (USDL) from Paxos International is Now Available to Users in Argentina via Ripio, Buenbit, Manteca and Plus Crypto

FROM PAXOS INTERNATIONAL: Paxos International Introduces Lift Dollar (USDL) – the First Stablecoin to Offer Holders Daily Yield in Wallet Under Regulatory Oversight

Paxos International Introduces Lift Dollar (USDL) - The First Stablecoin to Offer Holders Daily Yield in Wallet Under Regulatory Oversight

Continue ReadingFROM PAXOS INTERNATIONAL: Paxos International Introduces Lift Dollar (USDL) – the First Stablecoin to Offer Holders Daily Yield in Wallet Under Regulatory Oversight

PayPal USD Stablecoin Now Available on Solana Blockchain, Providing Faster, Cheaper Transactions for Consumers

*This press release was originally issued by PayPal and is available here.* Crypto.com, Phantom and Paxos are first to provide onramps to use PayPal USD (PYUSD) on Solana blockchain  SAN JOSE, Calif., May…

Continue ReadingPayPal USD Stablecoin Now Available on Solana Blockchain, Providing Faster, Cheaper Transactions for Consumers