Aon Tests Stablecoin Premium Payments With Coinbase
TLDR Aon completed a proof of concept to settle insurance premiums using stablecoins. The company worked with Coinbase and Paxos t...
Global insurance broker Aon tests stablecoin payments with Coinbase, Paxos
The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape sett...
The Old Stablecoin Playbook Doesn’t Apply Anymore: Here’s What Banks Need to Kno...
TLDR: Paxos says regulated stablecoins must meet strict reserve and capital standards to operate in the U.S. market. Stablecoins...
Paxos' gold token rakes in record inflows as crypto investors turn to the yellow...
Tokenized gold has improved the traditional store of value metal's utility, while bitcoin trades like a risk asset amid uncertain...
Tokenized gold volumes beat most ETFs as metal rallies toward $5,000
Crypto tokens backed by gold booked $178 billion trading volume last year, surpassing all but one major gold ETF, a report showed.
Paxos Extends USDG Stablecoin to New Chains with USDG0 and LayerZero
TLDR Paxos has launched USDG0, an omnichain extension of its regulated USDG stablecoin. USDG0 uses LayerZero’s OFT standard to mov...
Modern Treasury Buys Stablecoin Firm Beam in $40M All-Stock Deal
TLDR Modern Treasury has acquired stablecoin startup Beam in an all-stock deal worth $40 million. Beam was founded in 2022 and pro...
Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened
In an unexpected and almost surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, mistakenly minted 300 trillion P...
Paxos Accidentally Minted $300 Trillion of PayPal’s Stablecoin — Then Burned It
Paxos mistakenly minted $300 trillion of PayPal’s PYUSD stablecoin before quickly burning the excess, marking one of the largest o...