Paxos Debuts Whitepaper - "How the Crypto Winter May Help Save the Digital Asset Economy"
New report uncovers key attitudes in the crypto industry following the collapse of various market participants and broader market turbulence.
Paxos Completes $7.9B Redemption of Binance USD (BUSD) in 32 Days
Paxos will continue to support BUSD in circulation for at least one year.
Paxos Manages the Safe Redemption of $7.9B BUSD in One Month Without Market Disruption
All BUSD remains fully-backed 1:1 with USD cash & cash equivalents held in custody with the company’s NYDFS Trust, and Paxos will continue to support BUSD in circulation for at least one year.
Crypto Evening Briefing: Circle Says USDC Operations Unaffected by SVB, Signature Closures
The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations.
