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Paxos CEO urges US lawmakers to set cross-border stablecoin regulation
11.3.2025
US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services...
Paxos CEO urges US lawmakers to set cross-border stablecoin regulation
11.3.2025
US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services...
Paxos CEO urges US lawmakers to set cross-border stablecoin regulation
11.3.2025
US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services...
How stablecoins improve US dollar utility — Paxos CEO
12.12.2024
Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems
Paxos acquires Membrane Finance for EU stablecoin expansion
19.11.2024
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
19.11.2024
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire...
Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
19.11.2024
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland
Paxos & Other Crypto Giants Launch Global Dollar(USDG) to Boost Stablecoin Use
5.11.2024
Today, a group of crypto leaders unveiled the Global Dollar Network, an open network designed to boost global…
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
5.11.2024
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
Stablecoins essential for US dollar’s future, says Paxos CEO
29.10.2024
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency
Fireblocks Launches $1M Grant Program to Promote Paypal’s PYUSD Adoption
26.10.2024
Fireblocks, a provider of blockchain infrastructure, has announced a $1 million grant program with Paxos, aimed to foster broader use of paypal usd (PYUSD). Fireblocks Launches $1M Grant Progam With Paxos Following what the firm describes as a “successful pilot,” the initiative seeks to encourage...
Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer
16.10.2024
Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly accept stablecoin payments. By leveraging Paxos’...
Paxos debuts new stablecoin payment platform with Stripe
15.10.2024
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
30.8.2024
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug....
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
26.8.2024
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
26.8.2024
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent...
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
SEC will not pursue enforcement action against Paxos
11.7.2024
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security