Paxos

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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.
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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.
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(via Shutterstock)
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.
(via Shutterstock)

Cryptocurrency exchange flows and bitcoin 30-day volatility from Dec 2019 to present. Data provided by CoinMetrics Pro.
Coronavirus Is Changing How Crypto Markets Are Trading
Cryptocurrency traders are contending with volatile markets due to the coronavirus).
Cryptocurrency exchange flows and bitcoin 30-day volatility from Dec 2019 to present. Data provided by CoinMetrics Pro.

CoinDesk - Unknown
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 e...
CoinDesk - Unknown

CoinDesk - Unknown
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.
CoinDesk - Unknown

Liquid gold being poured into a cast to make a bullion bar at a Gold Reef City demonstration. Even the crucible glows under the immense heat. (Photo via Wikimedia Commons)
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 availab...
Liquid gold being poured into a cast to make a bullion bar at a Gold Reef City demonstration. Even the crucible glows under the immense heat. (Photo via Wikimedia Commons)

Binance CEO Changpeng Zhao
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.
Binance CEO Changpeng Zhao

CoinDesk - Unknown
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.
CoinDesk - Unknown

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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.
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