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Filtering by: Paxos · clear filter

PAXOS SELECTS PLUME, HYPERLIQUID, APTOS AS PRIMARY LAUNCH NETWORKS FOR USDGO STABLECOIN

https://media.crypto.news/2025/08/crypto-news-Stablecoins-vs-banks-option03.webp

✍️ Paxos introduces USDG0, a fully backed omnichain stablecoin, on three high-growth networks: Plume, Hyperliquid, and Aptos, with LayerZero's OFT standard.

👉 USDG0 is a fully backed omnichain stablecoin using LayerZero's OFT standard 👉 Three high-growth networks: Plume, Hyperliquid, and Aptos, have been selected as the first venues for USDG0 👉 New tooling, including the USDG0 Portal and cross-chain APIs, supports unified liquidity and reduces risks 👉 USDG0 carries the same 1:1 reserve model as USDG, backed by cash, short-term U.S. Treasuries, and cash equivalents

-- #Paxos #Plume #Hyperliquid #Aptos #Solana #Ethereum #Ink #XLayer #technology

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nostr:nevent1qvzqqqqqqypzqnczevjsmgr697ha7x7yp0hpxcx60udksan3gfrf5p8skymhvcy2qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqzmtmrjlwhhth7z2j0v4eej0fy43ql467070j54whdjl9clnvrjcs3q0pep

Paxos Plume Hyperliquid Aptos Solana Ethereum Ink X Layer

11/25/2025

npub1vap2usg…grwc3n

PAXOS IS APPLYING TO BECOME A US BANK — HERE’S WHY THAT MATTERS

https://s.yimg.com/ny/api/res/1.2/qvwyDuSQd_Zbz8bCGP6kbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODU-/https://media.zenfs.com/en/dlnews_702/aeb4c3f59dc90962c3809a91c763fe34

✍️ Paxos, the company behind PayPal's $1 billion stablecoin, has applied for a national trust bank charter in the US, aiming to gain establishment respectability and direct presence in the financial sector.

👉 Paxos has applied for a national trust bank charter in the US 👉 The company aims to gain establishment respectability and direct presence in the financial sector 👉 Paxos will be able to operate across the US without navigating local banking licenses 👉 The company will not act as a traditional lender 👉 Paxos joins Circle and Ripple in pursuing banking charter status

-- #ChrisColson #DonaldTrump #BoHines #DoKwon #OsatoAvan-Nomayo #Paxos #US #Washington #Atlanta #technology

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nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq0mjjfc6kyuduq2ucmhfgds2dcpe83nwtwfugy07z64rwga3dlg9sht752n

Chris Colson Donald Trump Bo Hines Do Kwon Osato Avan-Nomayo Paxos US Washington

8/13/2025

npub1vap2usg…grwc3n

PAXOS REACHES $48M SETTLEMENT WITH NYDFS OVER BINANCE, AML FAILURES

https://s.yimg.com/ny/api/res/1.2/sYOwSVmWn55kzVW6R2wtHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/dlnews_702/7e915ab54660f1ad41374e4bf9ff932d

✍️ Paxos, a stablecoin issuer, settles with the New York Department of Financial Services (NYDFS) over its alleged failure to conduct due diligence on Binance, a crypto exchange.

👉 Paxos settles with NYDFS over failure to conduct due diligence on Binance 👉 Paxos to pay $26.5 million fine and invest $22 million in compliance program 👉 NYDFS found Paxos' compliance program to be deficient, allowing questionable clients to open and maintain accounts 👉 Paxos has since poured significant resources into its compliance program

-- #AdrienneHarris #ChangpengZhao #AleksGilbert #NewYork #Paxos #business

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nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq7ey5s8ra6pq7ttdl4z2zszkwmaavyxtkemyqlgl8c674lm93ewxqpuf9gn

Adrienne Harris Changpeng Zhao Aleks Gilbert New York Paxos business mainstream:perspective

8/9/2025

npub1fupvkfg…3qjh7h

PAXOS TO EXPAND EURO PRESENCE THROUGH ACQUISITION OF MEMBRANE FINANCE

https://crypto.news/app/uploads/2024/10/crypto-news-Token-launch-in-2024-in-Europe-option01.webp

✍️ Paxos, a stablecoin issuer, announces its potential acquisition of Membrane Finance, an electronic money institution licensed in Finland, to expand its operations in the EU.

👉 Paxos acquires Membrane Finance, an electronic money institution licensed in Finland 👉 Acquisition supports Paxos' expansion efforts in the EU 👉 Paxos plans to issue stablecoins and tokenized assets that comply with EU's Markets in Crypto-Assets regulations 👉 Paxos has already secured regulatory approval from several authorities

-- #WalterHessert,Paxosheadofstrategy #Paxos #Finland #EU #NewYork #Singapore #AbuDhabi #mainstream #technology

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nostr:nevent1qvzqqqqqqypzqnczevjsmgr697ha7x7yp0hpxcx60udksan3gfrf5p8skymhvcy2qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq4jcc798x7gvujp3ylvaxtgprf8z4mxpta6l43zgrlxc78n5cql8q3pv7cx

Walter Hessert, Paxos head of strategy Paxos Finland EU New York Singapore Abu Dhabi mainstream

11/19/2024

Layer3.news

AI by layer3.news

Filtering by: Paxos · clear filter

npub1fupvkfg…3qjh7h

PAXOS SELECTS PLUME, HYPERLIQUID, APTOS AS PRIMARY LAUNCH NETWORKS FOR USDGO STABLECOIN

https://media.crypto.news/2025/08/crypto-news-Stablecoins-vs-banks-option03.webp

✍️ Paxos introduces USDG0, a fully backed omnichain stablecoin, on three high-growth networks: Plume, Hyperliquid, and Aptos, with LayerZero's OFT standard.

-- #Paxos #Plume #Hyperliquid #Aptos #Solana #Ethereum #Ink #XLayer #technology

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqnczevjsmgr697ha7x7yp0hpxcx60udksan3gfrf5p8skymhvcy2qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqzmtmrjlwhhth7z2j0v4eej0fy43ql467070j54whdjl9clnvrjcs3q0pep

Paxos Plume Hyperliquid Aptos Solana Ethereum Ink X Layer

11/25/2025

npub1vap2usg…grwc3n

PAXOS IS APPLYING TO BECOME A US BANK — HERE’S WHY THAT MATTERS

https://s.yimg.com/ny/api/res/1.2/qvwyDuSQd_Zbz8bCGP6kbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODU-/https://media.zenfs.com/en/dlnews_702/aeb4c3f59dc90962c3809a91c763fe34

✍️ Paxos, the company behind PayPal's $1 billion stablecoin, has applied for a national trust bank charter in the US, aiming to gain establishment respectability and direct presence in the financial sector.

-- #ChrisColson #DonaldTrump #BoHines #DoKwon #OsatoAvan-Nomayo #Paxos #US #Washington #Atlanta #technology

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nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq0mjjfc6kyuduq2ucmhfgds2dcpe83nwtwfugy07z64rwga3dlg9sht752n

Chris Colson Donald Trump Bo Hines Do Kwon Osato Avan-Nomayo Paxos US Washington

8/13/2025

npub1vap2usg…grwc3n

PAXOS REACHES $48M SETTLEMENT WITH NYDFS OVER BINANCE, AML FAILURES

https://s.yimg.com/ny/api/res/1.2/sYOwSVmWn55kzVW6R2wtHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/dlnews_702/7e915ab54660f1ad41374e4bf9ff932d

✍️ Paxos, a stablecoin issuer, settles with the New York Department of Financial Services (NYDFS) over its alleged failure to conduct due diligence on Binance, a crypto exchange.

-- #AdrienneHarris #ChangpengZhao #AleksGilbert #NewYork #Paxos #business

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nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq7ey5s8ra6pq7ttdl4z2zszkwmaavyxtkemyqlgl8c674lm93ewxqpuf9gn

Adrienne Harris Changpeng Zhao Aleks Gilbert New York Paxos business mainstream:perspective

8/9/2025

npub1fupvkfg…3qjh7h

PAXOS TO EXPAND EURO PRESENCE THROUGH ACQUISITION OF MEMBRANE FINANCE

https://crypto.news/app/uploads/2024/10/crypto-news-Token-launch-in-2024-in-Europe-option01.webp

✍️ Paxos, a stablecoin issuer, announces its potential acquisition of Membrane Finance, an electronic money institution licensed in Finland, to expand its operations in the EU.

-- #WalterHessert,Paxosheadofstrategy #Paxos #Finland #EU #NewYork #Singapore #AbuDhabi #mainstream #technology

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqnczevjsmgr697ha7x7yp0hpxcx60udksan3gfrf5p8skymhvcy2qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq4jcc798x7gvujp3ylvaxtgprf8z4mxpta6l43zgrlxc78n5cql8q3pv7cx

Walter Hessert, Paxos head of strategy Paxos Finland EU New York Singapore Abu Dhabi mainstream

11/19/2024