The stablecoin issuer is pursuing ambitious plans in the expanding crypto space.
PayPal crypto partner Paxos closes $142M funding round
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at bot...
Paxos seeks approval to become fully-regulated crypto bank
Paxos CEO Charles Cascarilla sees a bright future for tokenized assets — possibly through PayPal
As PayPal integration looms, Paxos CEO sees mass adoption for tokenized assets
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but are certainly some kind of progress.
Law Decoded: Government sandboxes, test beds and crypto compromises, Oct. 16-23
For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities.
Regulation will keep PayPal's new crypto services from looking anything like crypto
PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos.
PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership
Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year.
Tether Crosses $10B, Leaving Competing Stablecoins in the Dust