Browsing Tag
Paxos
43 posts
Binance To Delist Eight BUSD Trading Pairs Soon, End Full BUSD Support By 2024
The world’s largest exchange, Binance, has announced plans to delist eight Binance USD (BUSD) trading pairs as the…
PayPal ventures into stablecoins with launch of PYUSD
PayPal has introduced its stablecoin, PayPal USD (PYUSD), marking its latest foray into digital currency. A global payment…
Sharks and whales turn to stablecoins, signaling bull run
Sharks and whales have accumulated stablecoins while bitcoin consolidates between $30,000 and $31,000. According to Santiment, DAI and…
BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth…
MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s…
Paxos’ hopes of becoming a national bank die, application for charter expires
Details from the United States Office of the Comptroller of Currency (OCC) show that Paxos’ application for a…
Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in…
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to…
3 reasons why Binance’s BNB token risks sliding further by March
A slew of technical, fundamental and on-chain indicators hint at more pain for BNB’s price in February.
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown…
