Category: Paxos

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Blockchain.​Com Now Offers Crypto Lending Service to All Users

Major cryptocurrency wallet service and blockchain data supplier Blockchain.​com now allows all users to borrow Paxos Standard against Bitcoin. Amid the ongoing growth of the cryptocurrency lending industry, major crypto wallet service Blockchain.com launches a new lending product for all users, not just institutions. After first launching an institutional crypto lending desk in August 2019,…
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Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet

Paxos, a New York-regulated financial firm and the issuer of Paxos Standard stablecoin, has launched its blockchain-based settlement platform with Credit Suisse and Instinet. Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform. After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has…
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Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client

Binance became the first cryptocurrency exchange to implement a new fiat gateway from stablecoin operator Paxos. Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos. On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars…
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Paxos Launches Settlement Platform for Equity Securities After SEC Relief

Stablecoin operator Paxos is launching its settlement platform for U.S.-listed equity securities after receiving a no-action relief from SEC. Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities. In an Oct. 28 press release, digital asset trust company Paxos stated that…
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