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

Crypto payments platform MoonPay has launched a new stablecoin suite that allows companies to issue and manage stablecoins ...

A dormant Bitcoin whale recently deposited 2,300 BTC to Paxos. The whale still holds over 32,000 BTC valued at $3.4 billion.

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 confirmed Monday it received a Wells Notice from the Securities and Exchange Commission, stating it’s prepared to take on the agency and any enforcement actions related to stablecoin Binance USD ...

The New York Department of Financial Services said Thursday it has fined stablecoin issuer Paxos Trust Company $26.5M for anti-money laundering deficiencies and compliance failures tied to its ...

Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous partnership with the world's biggest crypto exchange, Binance, the New York ...

Paxos Trust Company says it “categorically disagrees” with the United States securities regulator that has described Binance USD (BUSD) as a security. In the Feb. 13 statement, the BUSD issuer ...

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.