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Project Overview
Paxos is the leading regulated blockchain infrastructure platform that uses technology to tokenize, custody, trade, and settle assets. It builds enterprise blockchain solutions for institutions such as PayPal, Interactive Brokers, Mastercard, Bank of America, Credit Suisse, and Societe Generale.Paxos is also one of the major stablecoin issuers, issuing products such as PayPal USD (PYUSD), Pax Dollar (USDP), and Pax Gold (PAXG).
OKX Onchain OS Launches Agent Payments Protocol, Empowering AI Agent Commercial Capabilities
OdailyOdaily Planet Daily reports: According to official sources, OKX Onchain OS has launched the Agent Payments Protocol (APP), an open payment standard designed for the commercial activities of AI Agents. This protocol defines the payment methods for Agents in commercial scenarios, expanding their capabilities from single payments to complete business processes, and will support various payment modes including one-time payments, batch payments, usage-based payments, and escrow payments.It is reported that APP adopts a multi-chain open architecture, allowing any chain to implement its own version. Initial partners include the Ethereum Foundation, Uniswap, Aptos, Nansen, Paxos, MoonPay, Altlayer, Zerion, QuickNode, and others. OKX Onchain OS stated that the launch of APP will provide key payment infrastructure for the Agent economy, driving AI Agents from "executing payments" into a "commercial era."
Paxos Labs Raises $12 Million in Funding, Led by Blockchain Capital
According to Fortune, Paxos Labs—a stablecoin and blockchain infrastructure company—has announced a $12 million funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom Family Office, and Uniswap Labs. Paxos Labs was spun out from Paxos and focuses on providing enterprises with stablecoin issuance and decentralized finance (DeFi) access solutions, enabling clients to create branded stablecoins via a single software suite and offering features such as interest-bearing crypto deposits and collateralized lending. Paxos Labs has already secured clients including Hyperbeat and Aleo and expects to reach breakeven by the end of this year. Previously, Paxos acquired cryptocurrency wallet company Fordefi for over $100 million to meet growing client demand for DeFi market solutions.
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OKX Onchain OS Launches Agent Payments Protocol, Empowering AI Agent Commercial Capabilities
OdailyOdaily Planet Daily reports: According to official sources, OKX Onchain OS has launched the Agent Payments Protocol (APP), an open payment standard designed for the commercial activities of AI Agents. This protocol defines the payment methods for Agents in commercial scenarios, expanding their capabilities from single payments to complete business processes, and will support various payment modes including one-time payments, batch payments, usage-based payments, and escrow payments.It is reported that APP adopts a multi-chain open architecture, allowing any chain to implement its own version. Initial partners include the Ethereum Foundation, Uniswap, Aptos, Nansen, Paxos, MoonPay, Altlayer, Zerion, QuickNode, and others. OKX Onchain OS stated that the launch of APP will provide key payment infrastructure for the Agent economy, driving AI Agents from "executing payments" into a "commercial era."
White House Trump Banquet Hall Total Investment Rises to $400 Million, Multiple Crypto Companies Previously Disclosed as Donors
Fortune magazine disclosed the total investment in the White House Trump Banquet Hall has risen from the initially estimated $200 million to $400 million. The funds primarily come from tax-deductible private donations, which will be managed through the non-profit organization Trust for the National Mall. Fortune previously revealed that multiple crypto industry companies and individuals have participated in the donations, including Coinbase, Ripple, Tether America (a subsidiary of Tether), as well as prominent figures in the crypto space such as Paxos co-founder Charles Cascarilla, Cameron Winklevoss, and Tyler Winklevoss. Additionally, major tech companies like Meta, Apple, Amazon, Google, and Microsoft are also on the donor list. Among them, Google's parent company Alphabet had previously reached a settlement with Trump and pledged $22 million of that amount towards the banquet hall's construction.
Paxos Labs Raises $12 Million in Funding, Led by Blockchain Capital
According to Fortune, Paxos Labs—a stablecoin and blockchain infrastructure company—has announced a $12 million funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom Family Office, and Uniswap Labs. Paxos Labs was spun out from Paxos and focuses on providing enterprises with stablecoin issuance and decentralized finance (DeFi) access solutions, enabling clients to create branded stablecoins via a single software suite and offering features such as interest-bearing crypto deposits and collateralized lending. Paxos Labs has already secured clients including Hyperbeat and Aleo and expects to reach breakeven by the end of this year. Previously, Paxos acquired cryptocurrency wallet company Fordefi for over $100 million to meet growing client demand for DeFi market solutions.