Today we announced our partnership with @StanChart during Abu Dhabi Finance Week (@ADFinanceWeek), powered by #ADGM. The partnership enhances reserve management for Global Dollar (USDG) and Lift Dollar (USDL).
💡Did you know? State-regulated trusts, particularly those issuing and managing US dollar stablecoins, offer the most conservative model for asset protection.
🏛️Learn more about prudential state regulation of stablecoin issuance via our latest blog post. https://paxos.com/blog/the-comparative-case-for-state-oversight-of-prudentially-regulated-digital-trusts/
Today, Paxos announced an agreement to acquire @membranefinance, an EMI based and licensed in Finland. Once completed, Paxos will be a fully licensed EMI in Finland and the EU. Read more here! https://paxos.com/blog/paxos-to-acquire-finnish-e-money-institution-membrane-finance/
Paxos relentlessly builds solutions that address challenges in the stablecoin industry, which is why we were thrilled to announce USDG & Global Dollar Network last week. Learn more about the launch from our Head of Product, @ronakdaya 🚀
[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.
(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.
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.
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! 💡
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👇
Introducing our new Paxos Stablecoin Payments platform! We've made it easier than ever for payments platforms and businesses to accept stablecoin payments with:
✅ Faster settlement ✅ Streamlined onboarding ✅ Instant conversion between USD and USDP, PYUSD, and USDC
We’re thrilled that @stripe is the first customer of this solution. Learn more in our press release.
Introducing our new Paxos Stablecoin Payments platform! Now it’s easier than ever for payments platforms and businesses to accept stablecoin payments with: ✅faster settlement ✅streamlined onboarding ✅instant conversion between USD and USDP, PYUSD, and USDC
We’re thrilled that @stripe is the first customer of this solution. Learn more in our press release.
In the latest edition of our Stablecoin Policy 101 series, the policy team at Paxos thoughtfully gives an overview of state vs. federal regulation of stablecoin issuers.💡
Read the post from our experts (so you can become one too). ⬇️
Proud to have Lesley Chavkin, our Head of Global Public Policy, represent Paxos during the #tokenized funds panel at the upcoming @CapitolAssetStrategies #TradFiMeetsBlockchain Policy Summit on October 10. Don't have your tickets yet? Sign up here: https://cliffordchance.eventogy.com/c/2024TradFi/2024-tradfi-program
Join us live on X Spaces to hear from Paxos' very own @nickrobnett, @PBmiami from PayPal, and @rangoldi from @FireblocksHQ as they discuss advancements in blockchain and payments 💡🚀
Get the facts about stablecoins from the policy team at Paxos, a group of true blockchain and digital asset experts. Read their latest blog post ⬇️ https://paxos.com/blog/stablecoin-policy-101-dispelling-7-common-misconceptions-about-stablecoins/
Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. It's the easiest way to own real gold with the speed and security of the blockchain. Here's to the next $500M (and beyond)! 🚀
DACOM NY hosted by @Solidus_Labs and @HoganLovells takes place on on September 25 featuring Paxos' Global General Counsel and Corporate Secretary, Ben Gray.
Join Ben and other key leaders in the industry by registering below ⬇️
We're excited to collaborate with @arbitrum and @OffchainLabs to bring more real world assets onchain. Read more about our work together: https://paxos.com/2024/09/10/paxos-expands-to-arbitrum-with-plans-to-bring-tokenization-platform-to-the-network/
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