Paxos Receives In Principle Approval from MAS for New Entity that Will Issue USD-Backed Stablecoin in Singapore
Paxos, the leading regulated blockchain & tokenization infrastructure platform, secured in principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its new Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment token services.
TD Securities selects Paxos Settlement Service for Commodities to drive Simultaneous Counterparty Settlement
Paxos, the leading regulated blockchain infrastructure platform, has announced that TD Securities has become the latest financial institution to join the Paxos Settlement Service for Commodities.
PayPal USD (PYUSD) is now available on Venmo
**The following news update was issued by PayPal and can be found in their Newsroom.** PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term…