Tagged: paxos

Stablecoins: Holy Grail or Impossible Trinity?

Are stablecoins the future of cryptoassets? In the quest to develop a digital token with the decentralization aspects of bitcoin and none of the associated volatility has sparked interest from many. From talented tech teams, economists and VCs it seems stablecoin projects have the potential… Read More

Stablecoin TrueUSD Tops $200 Million in Market Cap & Over $1 Billion in Monthly Trading while Focusing on Compliance: “Tokenizing Assets is the Next Big Wave”

Stablecoins are currently a hot sector of crypto. Tied to an asset like fiat currency like the US dollar, or a commodity, these digital currencies are designed not to fluctuate dramatically in a crypto world with endemic volatility. A recent report indicated that more than… Read More

Stablecoin Paxos Tops $5 Billion in Transactions in Just 3 Months

Paxos, and its stablecoin Paxos Standard token (PAX), has topped $5 billion in transactions in just three months, according to a note from the company. PAX says that to date it has been used in $5,245,958,124.65 worth of transaction volume, including exchange trading volume and… Read More

Binance Adds Paxos Standard Token As A Base Currency

Paxos announced that the Paxos Standard token (PAX) will be added as a base currency on cryptocurrency exchange, Binance. When trading commences at 8 a.m. EST on November 29, PAX will have six trading pairs listed on Binance’s USD Markets against BNB, BTC, ETH, XRP,… Read More

Send this to a friend