Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed...
Paxos
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Here’s How Much Stablecoin Transfer Volume Has Increased Over the Past 4 Years
According to Token Terminal data, the monthly stablecoin transfer volume surged to over $1.68 trillion in April, marking a significant...
Paxos Reportedly Downsizes Workforce by 20%: Details
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported...
SEC Chair Blames Journalists For Asking Him About Crypto So Much
One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary....
Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH
Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius,...
How Venmo’s Stablecoin Integration Can Grow the Bitcoin Economy
Last week, PayPal, alongside their infrastructure partner Paxos, announced an integration of their PYUSD stablecoin product with Venmo, one of...
Paxos Affirms PYUSD Stability with New Transparency Report
Stablecoin issuer Paxos, in one of the latest developments, released the first transparency but unaudited report for the recently born...
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BitGo CEO says traditional financial firms will remain ‘mostly out’ of crypto
BitGo CEO Mike Belshe commented on the state of U.S. cryptocurrency regulations in a conversation with CNBC on June 27....
