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Cryptorank

Category USDL

Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of i...
Paxos Workforce Cut Affects 20% While Company Is in a Strong Financial Position

Paxos Workforce Cut Affects 20% While Company Is in a Strong Financial Position

Paxos workforce cut takes place with a 20% reduction, affecting about 65 employees, to better focus on opportunities in tokenization and stablecoin...
Paxos International launches Lift Dollar (USDL), a yield-bearing stablecoin

Paxos International launches Lift Dollar (USDL), a yield-bearing stablecoin

Paxos International, based in the United Arab Emirates, has announced the launch of Lift Dollar, with the ticker symbol USDL. The USDL will be issu...
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields

Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields

The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called ...
Paxos USDL Stablecoin Offering 5% APY Launched

Paxos USDL Stablecoin Offering 5% APY Launched

Paxos USDL stablecoin, built on Ethereum and backed by U.S. dollars and Treasury notes, is regulated by Abu Dhabi’s Financial Services Regulatory A...