Paxos
New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s
The new exchange does not custody customer funds itself to avoid a … More…
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BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the… More…
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DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
Makerdao’s DAI stablecoin is now the third-largest stablecoin… More…
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MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space,… More…
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MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
The result is a significant blow for Paxos as MakerDAO currently holds… More… The post MakerDAO Votes to ...
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Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
Three months have passed since Paxos made the decision to cease the… More… The post Stablecoin Economy Reaches ...
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With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, show that the number of coins… More…
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Paxos set to withdraw from Canada amid regulatory uncertainty
Paxos assured its customers that their funds would “remain safely”… More…
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Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High
Tokenized gold is a type of stablecoin that pegs its price to gold,… More…
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Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention… More…
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