Aleo, Paxos Labs Launch Privacy-Focused Digital Dollar USAD
Paxos Labs and the Aleo Network Foundation are working to launch a U.S. dollar-pegged stablecoin that aims to preserve user…
Tag: Paxos
Paxos touts PayPal partnership in push to win Hyperliquid’s USDH stablecoin bid
Paxos has made changes to its previous proposal in the ongoing bid for Hyperliquid’s USDH stablecoin. This new offer might…
3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid
This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder…
Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fund Buybacks
Paxos proposed issuing USDH, a Hyperliquid‑first regulated stablecoin, aimed at accelerating adoption and enterprise integration across the Hyperliquid ecosystem. The…
Tokenized Gold Market Tops $2.5B Led By Tether, Paxos Tokens
As the price of gold is on the cusp of breaking its April peak, the market size of crypto tokens…
Circle, Paxos pilot system to fight counterfeit stablecoins
Circle and Paxos have launched a pilot system to verify stablecoin issuers and block counterfeit tokens, aligning with new U.S.…
Paxos applies for U.S. trust bank license with OCC
Paxos, one of the leading regulated stablecoin issuers and tokenization platforms, has filed for regulatory approval to become a national…
Paxos Joins Circle, Ripple Applying for Federal Banking License
Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the…
Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership
The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due…
NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in…