“Paxos prevails in SEC investigation of BUSD stablecoin” 👏
On Tuesday, we received a formal termination notice from the SEC stating that it will not recommend enforcement action against Paxos Trust Company in the investigation of Binance USD (BUSD).
View the letter and our official press release to learn more:
Paxos received full approval to offer digital payment token services from the Monetary Authority of Singapore 🇸🇬
We plan to issue a stablecoin substantively compliant with MAS’ upcoming stablecoin framework, with @dbsbank as our primary banking partner. http://bit.ly/3xDwN83
Join us today at 11 AM ET for a live AMA with http://Crypto.com, @RonakDaya from Paxos and @EdwinAoki from PayPal to learn more about this exciting update.
DeFi and stablecoins will play an increasingly integral role in bridging TradFi and decentralized financial services due to their complementary strengths.
Today, Paxos International announced the launch of Lift Dollar ($USDL) – a yield-bearing stablecoin that democratizes access to US dollars and safe yield generated from cash and cash equivalent assets. Now, you can seamlessly spend, save and trade, all while earning yield.
Learn more about what the expansion to @Solana enables for PYUSD from Jose Fernandez da Ponte, SVP, Blockchain, Crypto & Digital Currencies, @PayPal and the team at Bloomberg @Crypto 👇
Did you know there are at least four different types of blockchains? 🤔
Check out our helpful guide to learn more about their use cases and differences – and why a regulated service provider can help you choose the right one:
Undergoing significant growth comes with its challenges, especially for a rapidly expanding engineering team 🚀 Learn how investing in testing infrastructure helped Paxos' team scale with that growth—and the year-long initiative it took to get them there:
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