Tag: USDP

Paxos and MercadoLibre partner up to bring USDP to Mexico

Paxos and MercadoLibre partner up to bring USDP to Mexico

Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico vi [...]
MakerDAO Votes to Ditch $500 Million USDP From DAI Stablecoin Reserve

MakerDAO Votes to Ditch $500 Million USDP From DAI Stablecoin Reserve

“While Paxos has raised the possibility of a marketing fee scheme, to date there has not been concrete progress towards implementing this,” per the pr [...]
Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin

Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin

USDP is a dollar-pegged stablecoin one-to-one backed by cash and cash-equivalent U.S. government debt instruments, according to independent attestatio [...]
Binance Ditched USDC, USDP and TUSD. Even Circle Internet Financial Was OK With It

Binance Ditched USDC, USDP and TUSD. Even Circle Internet Financial Was OK With It

With some $20 billion in average daily volume over the past month, the Binance exchange is roughly eight times larger than its nearest competitor, FTX [...]
Binance to Convert Users’ USDC, USDP, TUSD Into Its Own Stablecoin BUSD

Binance to Convert Users’ USDC, USDP, TUSD Into Its Own Stablecoin BUSD

The action effectively removes the world's second biggest stablecoin USDC, with a market cap of nearly $52 billion (compared to USDT's $67.5 billion) [...]
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