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Starting today, US customers of PayPal's @Xoom can now convert the Paxos-issued PYUSD to USD to fund cross-border money transfers. This a major step forward in driving cost-effective and secure mainstream adoption of stablecoins 🚀 Learn more here:
#PayPal
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[1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) — an open network to accelerate and reward global stablecoin adoption. Additional partners include @Anchorage, @Bullish, @galaxyhq, @krakenfx, @Nuvei and @RobinhoodApp. View the press release ⬇️
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(1/4) Today marks an exciting milestone in Paxos’ history. We’re pleased to introduce @global_dollar, the latest US dollar-backed stablecoin issued by Paxos. This is the 6th trusted digital asset from Paxos and its affiliates. View the official press release here:
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This morning, Paxos CEO & Co-Founder Charles Cascarilla sent a letter to @VP @KamalaHarris and @realDonaldTrump about the state of digital assets in the U.S. Cascarilla says, “Our economic competitiveness and national security are threatened. We’re witnessing the U.S. become the Rust Belt of financial services in real-time.” Read more about why he believes it’s critical for the U.S. to get this issue right.
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Heading to the @rwasummit in NYC next week? Make sure to attend the panel "What Are the Pillars of a Thriving RWA Ecosystem?" featuring our very own @kylelibra alongside reps from @arbelosxyz, @MANTRA_Chain, @dfnsHQ and @chainlink. We hope to see you there! 💡 https://x.com/Paxos/status/1847337304383467707/photo/1
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Today, we announced an exciting new collaboration with @StellarOrg to bring more regulated digital assets on-chain. Paxos CEO Charles Cascarilla shared the news live on stage at Meridian 2024 with @DenelleDixon. Learn more here👇 https://paxos.com/blog/paxos-plans-expansion-to-stellar-network-in-collaboration-with-stellar-development-foundation/
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