Paxos Secures In-Principle Approval from Monetary Authority of Singapore

Triple-A Expands Its Payment Options with Paxos-Issued PayPal USD - Fintech Singapore

Paxos Trust Company has received in-principle approval from the Monetary Authority of Singapore (MAS) to issue stablecoins in the country, marking a significant milestone in its expansion plans.

Paxos

Paxos-Issued PayPal USD Integrated into Triple-A's Payment Services

Triple-A has expanded its payment options by integrating Paxos-issued PayPal USD (PYUSD) into its services, allowing clients to access a US dollar-denominated stablecoin fully backed by US dollar deposits and similar cash equivalents.

Paxos-Issued Pax Gold Surpasses $500M in Market Cap

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

Paxos Trust Company's gold stablecoin, pax gold (PAXG), has reached a market capitalization of $518 million, indicating significant growth and adoption.

Paxos is a blockchain infrastructure platform that enables enterprises to bring innovative and regulated financial products to the market. It provides blockchain-based payments, regulated stablecoin solutions, and crypto infrastructure with qualified custody, licensing, and trading. The company is committed to building a more open, trusted, and transparent financial system.

Paxos is building the foundation for the open financial system. We are a regulated blockchain infrastructure company building transparent and transformative financial solutions. We create accessible blockchain infrastructure that’s instantaneous and reliable, 24/7 - whether it’s enabling crypto features for enterprises, launching the world’s first fully-regulated, asset-backed tokens (USDP & PAXG), or setting a new standard of efficiency for settlement of securities.

We empower today’s financial leaders to build a more open, trusted economy. These leaders include PayPal, Mercado Libre, Interactive Brokers and Mastercard.

MercadoLibre

Senator Investment Group

WestCap

Liberty City Ventures

Declaration Partners

Fantail Ventures

O.G. Tech

Oak HC/FT

PayPal Ventures

Mithril Capital Management

Eyal Ofer

Alameda Research

2023 has been a landmark year for Paxos—and we couldn't have done it without our amazing partners who believe in regulated #blockchain technology as much as we do. Here’s to 2024 and the future of finance!

Check out this year’s highlights: https://bit.ly/4azTubM

No fees to transfer #PYUSD on Xoom showcases PayPal's continuous efforts to push for inclusive, cost-effective remittances ⚡

With Xoom services available in 160 countries and a network of more than 350,000 cash pickup locations around the world, this is a huge day for PYUSD and the future of global money movement. We're excited to see this rollout in the coming weeks 🎉

Read the full Fortune Crypto interview with Jose Fernandez da Ponte below ⬇ bit.ly/3uUfoXp

Happy International Women’s Day! 🎉 We asked the Women in Tech ERG at Paxos to reflect on advice they’d offer to their younger selves, and they did not disappoint. See what they had to say, and comment your own wisdom below. #iwd2024

➡ U.S. Department of the Treasury ➡ JPMorgan Chase ➡ Stellar Development Foundation ➡ Paxos 🎉 

We sat down with our new Global Head of Public Policy, Lesley Chavkin, to discuss her unique Path to Paxos—including where her career journey started, what sparked her interest in public policy and why Paxos' mission matters to her: bit.ly/3wGjGC5

📣 Calling all web3 developers 📣

Our PayPal USD testnet faucet is now live! Easily send test tokens to your wallet and experiment with new ways to integrate PYUSD into your products. ⛓️

No fees or wallet connection required.

Get started here: faucet.paxos.com

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