5.3 C
New York
Monday, March 23, 2026
spot_img

Tag: Paxos

Tokenized Gold Tops $2.9B as Bullion Blasts Past $3,800 — XAUT & PAXG Set New Records

Spot gold’s surge to fresh all-time highs above $3,800/oz has pulled tokenized gold to ~$2.9B market cap, with Tether’s XAUT and Paxos’ PAXG each clearing $3.2B in September trading volume. PAXG drew $40M net inflows; XAUT’s climb came from price, not new mints. Compliance under EU MiCA looms large.

US Dollar 2.0 or DeFi Disruption? Hyperliquid’s USDH Stablecoin Proposal Sparks Debate Over Transparency, Tokenomics, and Regulatory Risks

The Hyperliquid USDH stablecoin proposal, led by Paxos, marks a pivotal step in merging compliance, DeFi innovation, and token incentives. This report dissects what USDH aims to be, the mechanics behind it, and the ongoing debates that have surfaced in the crypto community. It raises key questions for insiders regarding transparency, governance, and ecosystem impact.

Anchorage Digital in the context of Tether’s USA₮ launch

Why this matters now: Stablecoin giant Tether says Anchorage Digital Bank, N.A will issue its new U.S.-regulated, GENIUS-compliant stablecoin USA₮. — the only U.S. national (OCC-chartered) crypto bank. This positions Anchorage at the center of on-shore stablecoin issuance just as U.S. policy (GENIUS Act) and institutional demand converge.

The Perps Stablecoin: USDH & HYPE — The Hyperliquid Flywheel

Paxos has proposed USDH, a Hyperliquid-first stablecoin where ~95% of reserve interest (e.g., T-bill yield) would be used for...

Stablecoins Crash the Card-Network Party

Visa, Mastercard, Circle, and JPMorgan have ignited a high-stakes sprint to convert dollar-backed tokens into mainstream payment rails. Stablecoins already settle about 7 % more value on-chain than the two card networks combined, and blue-chip giants are now laying the pipes. The prize is near-frictionless money; the risks are regulatory salvos and a squeeze on interchange margins.

Mastercard Bets Big on Stablecoins: Pioneering the Next Wave of Digital Payments and Outpacing Rivals

Mastercard is positioning itself as a leader in bridging traditional finance with digital assets through a comprehensive stablecoin strategy. By developing end-to-end infrastructure and forging key partnerships, the company aims to make stablecoins as usable as fiat currency for consumers and merchants – a move with significant implications for global payments.

Paxos Prevails in SEC Investigation of BUSD Stablecoin: No Enforcement Action to be Taken

Paxos, a US-based regulated blockchain and tokenization infrastructure platform, has announced that it received a formal termination notice from the U.S. Securities and Exchange Commission (SEC) on July 9, 2024. This notice indicates that the SEC will not recommend enforcement action against Paxos Trust Company regarding the investigation of the Binance USD (BUSD) stablecoin.

Paxos Receives In-Principle Approval For USD-Backed Stablecoin in Singapore

Paxos, a US-based fintech focused on blockchain and tokenization infrastructure, has secured the regulatory in principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its new Singapore entity, Paxos Digital Singapore Pte. Ltd., to offer digital payment token services. The Singapore entity will issue a new US dollar stablecoin fully backed 1:1 by the US Dollar and cash equivalents.

U.S. Regulators Requires To Stop The Minting And Issuance Of Stablecoin BUSD!

The U.S. Securities and Exchange Commission (SEC) has informed New York-based crypto firm Paxos Trust Co. that it plans to sue the company for violating investor protection laws. The notice alleges that Binance stablecoin BUSD issued by Paxos would be an unregistered security. Paxos should have registered the offering of BUSD under the federal securities laws, the notice said. The New York Department of Financial Services (NY DFS) ordered Paxos to stop minting BUSD.