Digital asset firm Paxos has inked a deal to provide Mercado Pago with access to the stablecoin Pax Dollar (USDP). The Pax Dollar will now be available to Mercado Pago’s users in Mexico. Paxos shares that over 60 percent of its active wallets are currently… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged arnoldo reyes, latam, latin america, mercado pago, mexico, michael coscetta, paxos, stablecoin, usdp
As was reported earlier, Binance has decided to remove competing stablecoins on its exchange and replace them with its homegrown version BUSD. In a corporate statement, Binance said it would “auto convert” holdings in dollar-based stablecoins with BUSD later this month. Paxos, a regulated “blockchain… Read More
Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged binance, busd, paxos, Rich Teo, stablecoins, usdp
Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More
Read more in: Blockchain & Digital Assets, Featured Headlines, Global | Tagged facebook, meta, novi, paxos, stablecoin, stephane kasriel, usdp, whatsapp
Formerly known as Libra and then Diem, Facebook’s (NASD:FB) scaled-back entrance into the digital currency sector has announced the firm’s Novi digital wallet pilot program is rolling out – starting with Guatemala and the United States. The pilot is designed to confirm operational readiness as… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged coinbase, diem, digital wallet, facebook, libra, novi, paxos, stablecoins, usdp
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