Kraken has agreed to list USDH and Hyperliquid’s HYPE token upon launch, if Paxos secures the contract for the stablecoin. This move would position Paxos as a major […]
Paxos’ USDH Stablecoin Proposal Aims to Revolutionize Payments
Paxos Labs is taking a bold step forward with its latest proposal for the USDH stablecoin, designed in collaboration with Hyperliquid. This revised offer brings PayPal and Venmo […]
PayPal & Paxos Enter the Race to Issue Hyperliquid’s USDH Stablecoin
A major shake-up in the stablecoin world is brewing as industry giants PayPal and Paxos have entered the race for the rights to issue Hyperliquid’s USDH stablecoin. This […]
Circle and Paxos Launch Pilot Program for Enhanced Stablecoin Trust
Leading stablecoin issuers Circle and Paxos have partnered with Bluprynt to launch a pilot program aiming to bolster transparency and trust within the market. The initiative seeks to […]
Paxos Aims to Become US National Trust Bank
Paxos, a major player in the stablecoin and tokenization space, has officially submitted an application to become a national trust bank under the Office of the Comptroller of […]
Paxos Seeks US Bank License, Aiming for Stablecoin Regulation Boost
Paxos Trust Company, issuer of the USDP stablecoin, has resubmitted its application to convert its New York trust license into a full-fledged US national bank charter. This formal […]
Paxos Applies for Trust Bank License, Raising Regulatory & Market Implications
Cryptocurrency firm Paxos has reportedly applied for a U.S. trust bank license, potentially expanding its operations and impacting stablecoin issuance. While the application remains unconfirmed, market attention is […]
Paxos Seeks U.S. National Trust Charter for Enhanced Safety and Transparency
Paxos Trust Company has officially applied to convert its New York limited purpose trust charter into a U.S. national trust charter with the Office of the Comptroller of […]
Paxos Applies for National Trust Charter with OCC
Paxos, a leading cryptocurrency firm, has officially filed to obtain a national trust charter from the U.S. Office of the Comptroller of Currency (OCC). This move signals a […]
Paxos Seeks Federal Trust Charter, Expanding Regulatory Reach
Crypto tokenization provider Paxos has applied to the U.S. Comptroller of the Currency (OCC) for a National Trust Charter. This move aims to bolster regulatory compliance and build […]
Paxos Seeks National Trust Bank Charter for Expanded Operations
Crypto infrastructure firm Paxos has officially filed for a U.S. national trust bank charter with the OCC, aiming to expand its nationwide reach and operate under federal oversight. […]
Paxos Seeks National Trust Bank Charter for Nationwide Operations
Financial technology firm Paxos has filed a request to convert its New York trust charter into a U.S. national trust bank charter, paving the way for expanded operations […]
Paxos Reverses Course: Focuses on Stablecoin Compliance Instead of Full Banking License
Blockchain infrastructure firm Paxos has shifted its strategy, abandoning plans to obtain a full banking license in the United States. Instead, Paxos will focus on adhering to the […]
Paxos Seeks US National Bank License to Expand Services
Crypto infrastructure provider Paxos Trust Company, behind PayPal’s PYUSD stablecoin, has refiled its application for a US national bank charter. The move aims to unlock nationwide customer asset […]
Paxos Seeks Federal Oversight After $48.5M NYDFS Settlement
Following a significant $48.5 million settlement with the New York Department of Financial Services (NYDFS), Paxos has submitted an application to convert its trust charter into a national […]