As global footprints expand alongside data governance laws, companies require robust data replication solutions that span geographic regions and can handle immense data sets in real time. While some ...

Stablecoin issuer Paxos proposed paying a steady fee to decentralized finance giant MakerDAO for holding up to $1.5 billion of Pax USD (USDP) stablecoin among its reserves. According to a proposal ...

Paxos, the parent company of the regulated cryptocurrency exchange itBit, announced today that INTL FCStone Ltd., a London-based financial services company, will be the first to use the Paxos ...

Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is fully backed by assets. According to the report, the ...

Today, blockchain infrastructure company Paxos closed a $300 million Series D round of funding, one of the largest ever among cryptocurrency and blockchain startups. Led by Oak HC/FT, with ...

Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to expand stablecoin adoption in the payments industry through its new enterprise-grade infrastructure. Paxos has introduced its ...

Paxos’ erroneous creation of trillions worth of a stablecoin has left the crypto industry wondering how one of its biggest and most respected firms could make such ...

Crypto firm Paxos Trust Company LLC Monday announced the New York Department of Financial Service (NYDFS) ordered them, effective February 21, to cease issuing new BUSD tokens with fellow crypto firm ...

Stablecoin issuer Paxos revealed that it erroneously minted $300 trillion worth of PayPal’s PYUSD stablecoin on Wednesday, only to reverse the mistake minutes later by burning the excess tokens.