Tag : infrastructure platform

Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins
Finance News

Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins

Fintech News Desk
Paxos was the first Limited Purpose Chartered Trust for Digital Assets from NYDFS in 2015 Paxos, the leading regulated blockchain infrastructure platform, issued the following statement from its CEO and Co-Founder Charles Cascarilla in response to the New York State Department of Financial Services’ (“DFS”) new Regulatory Guidance, setting foundational criteria for USD-backed stablecoins: Latest......
Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties
Blockchain News

Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties

Fintech News Desk
Paxos, the first regulated blockchain infrastructure platform, announced it has launched the Paxos Settlement Service for commodities. Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market. It delivers zero-risk settlement for commodities market participants with fully automated delivery versus payment (DVP)......
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