Tag: Paxos

13
Jun
2024
Posted in Altcoin

Paxos reduces 20% of its workforce despite great financial results

Stablecoin issuer Paxos reduced its staff by 20% despite having strong financials and positive growth forecasts for the stablecoin market. Paxos informed staff members of the change via email, stating…

06
Jun
2024
Posted in Altcoin

The yield-bearing stablecoin Lift Dollar (USDL) is introduced by Paxos International

With Argentina as its first market, Paxos International, a branch of Paxos with headquarters in the United Arab Emirates, has introduced Lift dollar (USDL), a yield-bearing stablecoin. According to Paxos…