Paxos, a blockchain infrastructure platform, is set to acquire Membrane Finance, a Finnish Electronic Money Institution, pending regulatory approval. This move will grant Paxos entry into the European Union, leveraging Membrane's Finnish Financial Supervisory Authority license, recognized in 30 European countries. Membrane Finance, known for its EUROe and eUSD stablecoins, will help Paxos expand its stablecoin offerings in the EU. Paxos, already a key player with USDP and gold-backed PAXG, aims to enhance stablecoin adoption globally, aligning with the EU's MiCA regulations.