Paxos International to issue regulated interest-paying stablecoin
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.
Original source
Read on CointelegraphRelated market context
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
United States borrowing costs rise amid global bond sell-off, squeezing crypto and traditional markets alike
Rising borrowing costs strain global markets, prompting shifts to safer assets and exacerbating fiscal challenges amid geopolitica...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...