Report: Paxos’s Own Stablecoin USDP is not Within SEC’s Notice
According to a report by the Wall Street Journal (WSJ), the U.S. SEC is considering filing charges against Paxos’s firm.
USDP
Stablecoin Depositing Transactions are Decreasing: Metrics
Recent on-chain data indicate that there has been a decrease in the total amount of stablecoin deposits made throughout the market. Read more on CNL.
Paxos’ $1.5B USDP at MakerDAO to Raise its Debt Ceiling
Paxos wants to deposit $1.5B of its USDP stablecoin into Maker’s Peg Stability Module (PSM), which houses reserves supporting its DAI stablecoin. Read CNL.
