Interactive Brokers Announced Launch of Cryptocurrency Trading Via Paxos
Paxos joins global brokerage firm
Paxos Standard
Paxos joins global brokerage firm
The firm clarified that there won’t be added spreads, custody fees, or markups.
Paxos rebranded as “pax dollar” giving the token a new name as the company tries to challenge bigger stablecoin rivals as we read more in our latest altcoin news today.…
The company’s stablecoin will be known as the Pax Dollar or USDP.
Paxos hopes its new ticker symbol will put its dollar backing front and center. The post Paxos is rebranding its stablecoin from PAX to USDP appeared first on The Block.
Paxos gives its token a new name, Pax Dollar, as the company tries to challenge larger stablecoin rivals.
USDP’s updated smart contract will go live on Aug. 31.
Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April.…
The company has added several other strategic investors including FTX.
Paxos becomes one of the world’s fastest-growing fintech heavyweights