If stablecoins are used for apparently illegal activity, should issuers step in to stop it? So far, they’ve been reluctant to do so, says our columnist.
Bitcoin, Equities Markets Rally on Signs of Hope
“Looks like we’re piggy-backing on equities with some data possibly indicating virus peaking,” says a trader of bitcoin’s 5 percent jump Monday.
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult.
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD.
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
Coronavirus Is Changing How Crypto Markets Are Trading
Cryptocurrency traders are contending with volatile markets due to the coronavirus).
Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm’s own private version of ethereum.
Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm’s own private version of ethereum.
Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.
Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.
Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.
Binance Exchange Is First Client for Paxos’ New Dollar Gateway
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
Binance’s dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading.
Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.
Paxos Launches Gold-Backed Cryptocurrency
A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading.
Huobi Revamps HUSD Stablecoin to Help Power ‘Fiat On-Ramp’
Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal.
Blockchain Adds PAX Stablecoin to Mobile Wallet
Crypto-wallet powerhouse Blockchain is adding a dollar-pegged stablecoin to attract more users.
PAX Streamlines Redemptions in Battle for Stablecoin Market Share
Paxos is doubling down on a traditional approach to crypto custody and enabling instant stablecoin redemptions.
When Tether Warnings Are Marketing Tools
Stablecoin issuers are taking advantage of Tether’s troubles to promote their cryptocurrencies as more viable alternates.