Paxos-issued USDG hits $3.2 billion market cap after 340% yearly jump
USDG's rapid growth highlights the potential for stablecoins to reshape financial ecosystems, but reliance on few partners poses systemic risks.
CryptoBriefing•Kaye Quema14h agoPaxos
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page 1 of 2CryptoBriefing•Kaye Quema14h agoArbitrum adopts Paxos’ USDG as ecosystem dollar with DeFi support
Arbitrum's adoption of USDG could enhance DeFi liquidity and stability, fostering broader ecosystem growth and increased user engagement.
CryptoBriefing•Kaye Quema18h ago
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
CoinDesk•Krisztian Sandor18h ago
Paxos’ $3B USDG stablecoin launches on Arbitrum
Paxos’ USDG stablecoin is now live on Arbitrum as the network proposes 100 million ARB in incentives to support adoption and liquidity.
Cointelegraph•Cointelegraph by Nate Kostar18h ago
Arbitrum Adopts Paxos' USDG as Its Ecosystem Dollar
The stablecoin goes live on Arbitrum One with Fluid, Morpho, GMX, Maple and Kraken behind it. A proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that still has about 63.7 million ARB unspent
The Defiant•The Defiant Team18h agoPaxos’ USDG stablecoin hits $21.8B on Uniswap in September
USDG's surge on Uniswap highlights the transformative potential of innovative DeFi infrastructure in reshaping stablecoin market dynamics.
CryptoBriefing•Editorial Team20 Sept- favorable toward Paxos · 78%
Avalanche integrates with Paxos, expanding institutional access to AVAX
Paxos's integration with Avalanche could accelerate institutional crypto adoption by enhancing compliance and expanding payment infrastructure.
CryptoBriefing•Editorial Team17 Sept- neutral toward Paxos · 97%
PayPal’s new platform lets anyone issue a dollar backed by a dollar
MoonPay issues the token. It is backed by PYUSD. PYUSD is issued by Paxos and backed by actual dollars and Treasuries. Count the layers: there are two, and the law Congress passed last year describes one.
USDG launches natively on Mantle in Paxos expansion
Paxos-issued USDG has launched natively on Mantle, adding the Ethereum layer-2 network to a stablecoin coalition with more than 150 partners. USDG brings native stablecoin issuance to Mantle Global Dollar Network said in its announcement on Sept.
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.
Cointelegraph•Cointelegraph by Nate Kostar3 SeptPaxos stablecoins USDG and PYUSD add $314M in market cap across chains
Paxos' stablecoin growth highlights increasing institutional trust and integration, potentially reshaping digital payment ecosystems globally.
CryptoBriefing•Editorial Team23 Aug
America is creating a new class of crypto banks – but they aren’t really banks
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages.
CryptoSlate•Andjela Radmilac23 AugPaxos-issued USDG adds $94M on Robinhood Chain in 30 days
The rapid growth of USDG on Robinhood Chain highlights the increasing appeal of high-yield stablecoins, potentially reshaping financial ecosystems.
CryptoBriefing•Editorial Team21 AugPaxos’ USDG reaches $929M in deposits across DeFi venues
USDG's rapid DeFi adoption highlights a shift towards stablecoins as active financial instruments, enhancing their role in decentralized finance.
CryptoBriefing•Editorial Team18 AugSouth Korea’s Upbit lists HOME as Bithumb adds 2 tokens
Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.
Circle executive highlights USDC, USDG, and EURC as top MiCA-compliant stablecoins
MiCA compliance grants Circle and Paxos a competitive edge in the EU, potentially reshaping stablecoin market dynamics and regulatory strategies.
CryptoBriefing•Editorial Team29 JulPayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack
Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
The Defiant•The Defiant Team9 JulPayPal brings PYUSD stablecoin to Polygon’s Open Money Stack
PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services.
Paxos Singapore Stablecoin Push Shows Yield Products Are Moving Into Regulated Wrappers
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
NewsBTC•NewsBTC Editorial Team8 JulPaxos Singapore Stablecoin Push Shows Yield Products Are Moving Into Regulated Wrappers
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
NewsBTC•NewsBTC Editorial Team8 Jul