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3232Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
https://www.digit.info/paxos-lays-off-65-employees-following-yield-bearing-stablecoin-launch/
Sun, 16 Jun 2024 16:39:46 +0000https://www.digit.info/2024/06/16/paxos-lays-off-65-employees-following-yield-bearing-stablecoin-launch/Read more]]>According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off 65 employees, which accounts for 20% of its staff. The information was […]
]]>Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
https://www.digit.info/blasts-rebasing-stablecoin-usdb-now-ranks-9th-among-dollar-pegged-crypto-tokens/
Wed, 12 Jun 2024 13:06:52 +0000https://www.digit.info/2024/06/12/blasts-rebasing-stablecoin-usdb-now-ranks-9th-among-dollar-pegged-crypto-tokens/Read more]]>A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among all U.S. dollar stablecoins. USDB Climbs the Ranks The decentralized finance […]
]]>Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
https://www.digit.info/paxos-international-debuts-lift-dollar-stablecoin-with-daily-yields/
Thu, 06 Jun 2024 12:20:26 +0000https://www.digit.info/2024/06/06/paxos-international-debuts-lift-dollar-stablecoin-with-daily-yields/Read more]]>The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […]
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off 65 employees, which accounts for 20% of its staff. The information was […]
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A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among all U.S. dollar stablecoins. USDB Climbs the Ranks The decentralized finance […]
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The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […]
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