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Category USDP

Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos accidentally minted 300 trillion PayPal USD (PYUSD) tokens before burning them minutes later.
Binance is closing the P2P Cash Zone – What does this mean for investors?

Binance is closing the P2P Cash Zone – What does this mean for investors?

The world’s largest cryptocurrency exchange by trading volume will discontinue its P2P Cash Zone, a peer-to-peer service allowing users to buy and ...
Paxos acquires Electronic Money Institution license for the EU, aims to bring compliant stablecoins

Paxos acquires Electronic Money Institution license for the EU, aims to bring compliant stablecoins

Paxos acquired fully accredited EU-based Membrane Finance, granting it a MiCA-compliant toolset for tokenized assets and stablecoins.
Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer

Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer

Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. ...
Stablecoins flow out of exchanges, move into DeFi protocols

Stablecoins flow out of exchanges, move into DeFi protocols

Stablecoins are changing their behavior, due to regulations and demand from DeFi. On the last day, 3% of exchange reserves were sent to private wal...