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paxos

Paxos Reportedly Downsizes Workforce by 20%: Details

by Isaac Wright
Paxos Reportedly Downsizes Workforce by 20%: Details

Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing an internal email. According to the report, Paxos’ …

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Aave community to review small-cap stablecoins on Aave V2

by Isaac Wright
Aave community to review small-cap stablecoins on Aave V2

The Aave community is set to vote on a new proposal to remove stablecoins like USDP and GUSD from Aave V2. The Aave community is gearing up to vote on …

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Paxos Announces USDP Stablecoin Expansion on Solana; Unveils Public Launch Date

by Isaac Wright
Paxos Announces USDP Stablecoin Expansion on Solana; Unveils Public Launch Date

The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it …

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Paxos expands stablecoin issuance to Solana

by Isaac Wright
Paxos expands stablecoin issuance to Solana

Leading tokenization platform Paxos has announced its expansion into the Solana blockchain, marking a significant move beyond its previous Ethereum exclusivity.  The integration into Solana (SOL) is a strategic step …

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Paxos to Launch New USD-Backed Stablecoin in Singapore

by Isaac Wright
Paxos to Launch New USD-Backed Stablecoin in Singapore

Paxos Digital Singapore Pte. Ltd. Receives In-Principle Approval from the Monetary Authority of Singapore Paxos is expanding its global reach by establishing Paxos Digital Singapore Pte. Ltd. This development follows …

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