Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to ...

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Stablecoin issuer Paxos said early Monday it will cease creating new units for the $16 billion Binance Stablecoin (BUSD) at the direction of its state regulator, the New York Department of Financial ...

CNBC reported Thursday (Oct. 16) that excess PYUSD amounted to $300 trillion, an amount that is more than the dollars in global circulation and more than double the ...

Paxos, the blockchain infrastructure platform, announced it has acquired Fordefi, which is described as an institutional-grade custody and wallet technology provider. Businesses have reportedly relied ...

USDG, the base asset, is a 1:1 USD-backed stablecoin issued by Paxos under regulatory oversight, already operational on Ethereum, Solana, Ink, and X Layer. USDG0 builds on this foundation but ...

Paxos said it will engage with the U.S. securities regulator on the matter and is prepared to “vigorously litigate if necessary.” Paxos Trust Company says it “categorically disagrees” with the United ...