Revenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital
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Stablecoins have experienced tremendous growth last year. Their collective market cap recently hit a milestone of $200 billion. Beyond the popular ones…
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
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This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe…
Crypto and Fintech Leaders Launch Global Dollar Network and USDG Stablecoin
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On Nov. 5, crypto, venture capital, and fintech firms Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood announced the launch…
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
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While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently…
SEC Drops Investigation Into Paxos For BUSD Stablecoin
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Paxos – the blockchain infrastructure platform behind the Binance USD (BUSD) stablecoin – announced on Thursday that regulators have forfeited their investigation…
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
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According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the…
Paxos Reportedly Downsizes Workforce by 20%: Details
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Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing…