🚀 Paxos is set to expand in the EU by acquiring Finland-licensed Membrane Finance! This move aims to boost its stablecoin issuance under the EU's Markets in Crypto-Assets regulations. Paxos, known for stablecoins like Pax Dollar and PayPal USD, plans to leverage Membrane Finance to offer regulated products to European customers. The deal awaits regulatory approval, with MiCA regulations kicking in on Dec. 30, 2024. What are your thoughts on stablecoins' role in global finance? Share in the comments! 💬