Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union. This content has been ...

Global Dollar (USDG-USD), the dollar-pegged stablecoin backed by the likes of retail trading app Robinhood Markets ...

Paxos has launched its stablecoin, Global Dollar (USDG), in the European Union, with the rollout beginning on 1 July.

USDG is a fully regulated global USD-stablecoin that is compliant with MiCA and now available in the EU, said Paxos, the ...

Paxos Labs, a start-up whose mission is to make on-chain products and DeFi markets more accessible, is announcing its launch.

USDG, the Paxos-issued stablecoin, is now live in the EU with reported MiCA compliance and strategic support from Kraken, Gate, Mastercard and other major players.

Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the ...

Paxos launched BUSD in partnership with Binance in 2019. Although BUSD never surpassed USDT and USDC, it is still a big player thanks to its integration with the Binance ecosystem. The SEC ...

The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 ...

Paxos also said it would “end its relationship” with Binance, the world’s largest crypto exchange. It did not give detail on why the regulator had ordered it to stop issuing BUSD.

Paxos disagreed with the SEC’s belief that its Binance USD token is a security, stating that it is prepared to “vigorously litigate” the disagreement if it's forced to.

A stablecoin issuer that was once worth $2.4 billion has slashed approximately 20% of its employees, according to The Block.Paxos, the company behind the layoffs, said the decision to cut 65 ...