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The Latest Breaking News from Paxos

Crypto companies are fighting in a 'Bachelor'-style frenzy to launch a stablecoin that will power DeFi's hottest exchange

Industry onlookers believe the fight may impact the bottom line of stablecoin giant Circle.

Fortune

Stablecoin Has Arrived. Has The Payments Revolution Begun?

The Genius Act signed in July lays the groundwork for the widespread adoption of stablecoins. What's in store for consumers and investors?

Investors Business Daily

Exclusive: Stablecoin startup Agora raises $50 million Series A led by crypto VC giant Paradigm

Agora is run by Nick van Eck, son of asset management veteran Jan van Eck.

Fortune

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Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana

San Francisco, California, June 4th, 2025, Chainwire

International Business Times

A first look at the $1 billion MSC World America cruise ship, from thrill-seeking rides to Dirty Dancing

MSC World America has something to offer cruise passengers from all sides of the pond, as Marc Shoffman discovered on one of the first sailings aboard the new megaship

The Independent UK

Crypto giants Binance and Circle team up to take on Tether

The surprise move brings together longtime rivals and could shake up the stablecoin landscape.

Fortune

Trump could 'kick off a crypto Golden Age' by delivering regulations the industry has been craving for years, Paxos CEO says

“There’s so much pent-up demand,” Chad Cascarilla said at Fortune's Global Forum.

Fortune

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Paxos CEO: Trump presidency could bring 'crypto golden age'

The Trump campaign "had a real crypto theme," Charles Cascarilla said at the Singapore Fintech Festival on Friday.

Fortune

Robinhood, Kraken, Galaxy, Other Crypto Firms Launch Global Stablecoin Network

A group of major crypto players have jointly launched $USDG, a new stablecoin under the Global Dollar Network that should "revolutionize" the stablecoin ecosystem and set high standards for compliance.

International Business Times

Paxos CEO Urges Trump, Harris To Address 'Inhospitable' US Regulatory Landscape

Paxos CEO Charles Cascarilla has written an open letter to former president Donald Trump and Vice President Kamala Harris, urging them to provide clear regulations for the digital assets space, including for the huge stablecoin segment.

International Business Times

Trump's World Liberty Financial Plans To Launch Native Stablecoin: Report

World Liberty Financial is reportedly looking to issue its own stablecoin – a plan that comes during a critical period in the stablecoin segment, specifically due to concerns around the alleged issues around stablecoin giant Tether.

International Business Times

Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins

Founded by former Coinbase head of exchange Vishal Gupta, TrueX will use PayPal's stablecoin as its default settlement currency.

Fortune

Pegged For Success: Stablecoins Bid For Wider Adoption; Increasingly Embraced By Users And Exchanges

This year, stablecoins have extended their influence beyond the crypto market. In recent years, the sector experienced significant growth, with the value of the global stablecoin market exceeding $100 billion.

International Business Times UK

SEC drops key stablecoin investigation into Paxos in win for crypto industry

The Gary Gensler-led agency issued a Wells notice against Paxos in Feb. 2023, indicating an active investigation and possible enforcement action.

Fortune

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The Independent UK

The best holidays to book for July 2025, from Suffolk staycations to Indian rail adventures

Summer will – hopefully – start hotting up in July, and whether you’re keen to escape to the beaches of Puglia or take a foodie Scotland break, here’s some inspiration for your next holiday

Fortune

Exclusive: NY financial regulator approves Paxos expansion to Solana, allowing for its first stablecoin issuance beyond Ethereum

Paxos argues it is taking a more regulated approach to stablecoin issuance than Circle and Tether, its main competitors.

International Business Times

Binance Announces Another Major Change In Its Ecosystem Following CZ's Departure

Binance had previously made an announcement on this matter in August, stating that it would "gradually" phase out support for the stablecoin after the stablecoin issuer, Paxos, was ordered to stop minting the coin earlier this year.

Fortune

PayPal discloses it was subpoenaed by the SEC over recently launched stablecoin

The payments firm launched the stablecoin in August.

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Fortune

PayPal adds its PYUSD stablecoin to Venmo in push to expand crypto reach

The payments giant recently unveiled its new stablecoin to much fanfare, but PYUSD has yet to supplant other stablecoin giants like Tether or USDC.

Fortune

Inside Circle's tumultuous attempt to build the future of money

Why is the USDC developer losing to Tether?

Fortune

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Evening Standard

Away Game: the Greek escapes to book now

Searching for last minute Greek holiday inspiration?

Kiplinger

PayPal Launches U.S. Dollar-Denominated Stablecoin

Customers who buy the digital currency can transfer it between PayPal and compatible external wallets.

Zenger

PayPal Unveils USD-Backed Stablecoin PYUSD In Digital Payments Revamp

In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc

Fortune

PayPal launches stablecoin after pausing development amid regulatory scrutiny

Paxos, a a white-label stablecoin maker, is the issuer of PayPal USD.

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