Ronak Daya says the company’s focus is on building real utility and markets around stablecoins, not tokenizing everything for ...

Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, bringing fully backed dollar ...

Paxos Labs unveiled USDG0, an extension of its Global Dollar (USDG) stablecoin, in partnership with the LayerZero ...

Trovata, the leading digital platform for managing corporate cash and liquidity, announced the launch of CORP$, a new ...

Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, using LayerZero’s OFT (Omnichain ...

MoonPay, the global leader in crypto payments, announced the launch of its enterprise stablecoin business as part of its continued evolution into a global payments network. As part of this expansion, ...

Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the ...

What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.

But the firm said it “categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws.” It also claimed that Paxos is “always backed 1:1 withU.S.

New York’s top financial regulator has ordered a crypto company to stop minting a major stablecoin, widening a clampdown on the embattled digital assets sector. Paxos, a blockchain company, announced ...