Paxos, the parent company of the regulated cryptocurrency exchange itBit, announced today that INTL FCStone Ltd., a London-based financial services company, will be the first to use the Paxos ...

What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.

Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday. When ...

Both the SEC and the New York Department of Financial Services are looking into the Binance USD token. Both the SEC and the New York Department of Financial Services are looking into the Binance USD ...