Paxos acknowledged today that it accidentally minted $300 trillion worth of the dollar pegged PayPal’s PYUSD stablecoin on the Ethereum blockchain. The amount represents more than twice the global GDP ...
Paxos Labs and LayerZero have unveiled USDG0, a new token to enhance the adoption of the stablecoin Global Dollar, USDG. USDG0 allows seamless cross-chain transfers by using LayerZero's Omnichain ...
Decentralized finance (DeFi) lending protocol MakerDAO’s community has voted to ditch $500 million Paxos Dollar (USDP) stablecoin from its reserves, impacting half of the token’s supply. Voters ...
Paxos and the Arbitrum Foundation say the infrastructure firm will now integrate with Arbitrum, a Layer 2 (L2) scaling solution for Ethereum. According to a company statement, Arbitrum is the first L2 ...
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Paxos, a company known for issuing stablecoins like PayPal USD, is acquiring Fordefi, an institutional crypto wallet startup, for over $100 million. The acquisition addresses rising demand from Paxos' ...
Paxos, the regulated blockchain & tokenization infrastructure platform, is pleased to announce a strategic expansion of its stablecoin issuance to the Solana blockchain platform. Previously exclusive ...
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