Paxos, the leading regulated blockchain & tokenization infrastructure platform, secured the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) for the necessary Financial Services Permissions to issue US dollar and other currency-backed stablecoins, as well as to offer crypto-brokerage and custody services from two regulated ADGM entities.
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.
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.
Paxos is proud to share a new campaign, “Paxos Makes it Possible”, representing a significant investment in Paxos, its vision, and our future.
**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…
Paxos, the leading provider of blockchain infrastructure for enterprises, celebrates the five-year anniversary of its regulated stablecoin platform. Over the past five years, the company has issued and redeemed more than $120 billion in USD-backed stablecoins across its offerings while setting the market standard for regulatory oversight.
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/…
On August 7, 2023, PayPal announced the launch of PYUSD, a US dollar-backed stablecoin issued by Paxos Trust Company. Paxos CEO and Co-Founder Charles Cascarilla had the following comment:
Paxos is further streamlining the platform to focus service on our core enterprise clients. Starting August 30, 2023, we will deprecate retail services for users on the itBit Exchange whose accounts are inactive or have little to no balance.
Paxos, the regulated blockchain infrastructure platform for enterprises, and Mercado Libre’s Mercado Pago, Latin America’s leading online payments platform, have announced that Paxos’ regulated US dollar-backed stablecoin, Pax Dollar (USDP), will now be available to all Mercado Pago users in Mexico.
NEW YORK & LONDON – JUNE 15 , 2023 – Paxos, the regulated blockchain infrastructure platform for enterprises, continues driving value for its commodities market clients through its Post-Trade and…
Paxos, the regulated blockchain infrastructure and tokenization platform for enterprises, continues driving the growth of digital assets in Brazil and broader Latin America through its partnerships with leading local, regional, and global enterprises.