Paxos Dives into Solana's Waters with Regulatory Nod
Paxos gains regulatory approval to launch USDP on Solana, expanding beyond Ethereum.
KikyoPaxos gains regulatory approval to launch USDP on Solana, expanding beyond Ethereum.
KikyoPaxos's recent regulatory approvals in the Middle East mark a significant leap in its global expansion. The company's commitment to compliance, transparent stablecoins, and strategic partnerships position it as a key player in the evolving landscape of the digital asset market. However, discussions about regulatory balance in the blockchain space underscore the cautious approach to decentralized financial systems.
Cheng YuanPaxos, announced today that it has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS).
OliveThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
DavinPayPal recently made headlines by overpaying an astonishing $510,750 as a Bitcoin transaction fee. According to their spokesperson, its infrastructure partner Paxos was responsible instead.
CatherineThe court filing unveiled that Binance maintained multiple accounts at now-defunct Silvergate Bank and Signature Bank.
OthersA new breed of app-specific stablecoins could be just what DeFi needs.
BanklessThe BUSD supply decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure.
CoindeskThe recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.
decryptAlthough USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.
链向资讯