PayPal launches US Dollar Stablecoin, issued by Paxos Trust Company
PayPal has launched a US dollar stablecoin, PayPal USD, and is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.
US fintech Modulus launches tech to enable lending and borrowing in digital asset exchanges
Modulus have launched its crypto lending and borrowing technologies, which will be available to all clients of the company’s white label exchange solution.
Ripple expands in the Middle East with new office and annual Swell Global conference in Dubai
Ripple is expanding its presence in the UAE by opening a new office location in the heart of Dubai International Financial Centre and bringing its Swell Global 2023 conference.
Global blockchain firm Republic Crypto expands into the UAE, partnering with Ghaf Labs
Blockchain firm Republic Crypto is expanding into the UAE and partnering with Ghaf Labs, a UAE-based incubator focused on blockchain consultancy services.
Stephen Cheng moves from interim to permanent CEO at Wyre
Stephen Cheng, the former interim Chief Executive Officer of crypto API company Wyre has now been appointed permanent CEO.
DTCC building industry’s first prototype to support digital U.S. currency in the clearing & settlement process
The DTCC announce the development of the first prototype to explore how a CBDC might operate in the U.S clearing and settlement infrastructure.
BNY Mellon integrates Chainalysis product suite for cryptocurrency compliance
BNY Corporation will utilize Chainalysis’s cryptocurrency compliance software as part of their risk management program.
Crypto payments platform Wirex expands its services to the U.S.
Wirex has launched its services in the US, giving millions of people easy and secure access to crypto and fiat currencies in everyday life.
