Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to Bitcoin’s stark price surge, 2020 has been a defining year. Stablecoins, in particular, saw major developments, both in terms of adoption and regulations. Major Stablecoin...Read More
With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy. Popular stablecoin issuer Paxos has now planned to digitize the most-precious metal gold. Bridging the gap between the gold investors and crypto enthusiasts, Paxos unveils a...Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
