Stablecoin issuer Paxos has gotten the greenlight from the New York Department of Financial Services to expand to the Solana (SOL) Blockchain.
#PaxosGlobal #PaxosExpansion #crypto2024catch #CryptoNews🔒📰🚫

#PaxosGlobal says that existing #BUSD remain fully-backed and redeemable through at least February 2024.
#Binance #BNB #fud

Paxos International has launched a yield-bearing stablecoin called Lift Dollar (USDL). USDL will be available to consumers in eligible global markets.

The unique feature of USDL is that it allows holders to earn overnight yield from high-quality US government securities and cash reserve assets, held under the safe custody requirements of the Financial Services Regulatory Authority (FSRA).

#Paxos #PaxosGlobal #USDL #StartInvestingInCrypto #ETHETFsApproved

Paxos released the PYUSD transparency report for April 2024, revealing that the total PYUSD in circulation reached US$328,083,103 as of May 1, 2024. The report also provided information on the current market value of collateral in U.S.

#Paxos #PaxosTreasury #PaxosGlobal #CryptoWatchMay2024 #buythedip