The launch of PayPal USD (PYUSD) by PayPal and Paxos is welcomed by the crypto community amid traditional finance firms’ entry into the industry. However,
Category: Paxos
Massive Reshuffling In Crypto Market As Binance’s BUSD Depegs To Tether
Binance’s BUSD stablecoin market capitalization continues to fall as users convert their BUSD stablecoins to Tether’s USDT. The move comes as the New York Department
Breaking: New York Regulator Orders Paxos To Stop Creating Binance’s BUSD
The New York Department of Financial Services on Monday ordered Paxos Trust Co., the issuer of Binance USD (BUSD), to stop creating more of Binance’s
U.S. Bond And Treasury Market Face Risk from Stablecoins
One area where U.S. regulators are keeping a close watch is the widely expanding crypto stablecoin market. The stablecoin market has already grown to more
