The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.

Proof-of-activity is a blockchain consensus that combines proof-of-work and proof-of-stake to enhance security and ...

SAN FRANCISCO--(BUSINESS WIRE)--Modern Treasury today announced a partnership with Paxos, a leading regulated blockchain and tokenization infrastructure platform, to make it easier for businesses to ...

Forbes contributors publish independent expert analyses and insights. Former Banking Regulator During GFC, Crypto Policy Since 2016 OCC trust bank charters for Circle, Ripple, Paxos, BitGo and ...

NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Paxos, the leading blockchain infrastructure platform for innovative institutions and enterprises, today announced it has received approval to convert its New ...

Paxos, the issuer of the PayPal USD (PYUSD-USD) dollar-pegged stablecoin, has acquired Fordefi, an institutional-grade custody and wallet technology provider, it said on Tuesday. The deal, terms of ...

Digital asset infrastructure firm Paxos said Tuesday it has acquired Fordefi, a wallet provider startup, a move aimed at strengthening its custody offering as institutional adoption accelerates. The ...

Paxos, the issuer of PayPal's stablecoin PYUSD, briefly introduced and then removed $300 trillion worth of its stablecoin on the ethereum blockchain during an internal operation late Tuesday. The firm ...

Paxos, PayPal’s blockchain partner, accidentally minted $300 trillion worth of stablecoins Wednesday in what it called a “technical error,” quietly burning the tokens just minutes later. Market ...

Paxos, the issuer of PayPal USD (PYUSD), minted and burned 300 trillion tokens within half an hour on Wednesday, a move that stunned traders and triggered a temporary freeze on the stablecoin’s ...