News linked to both this project and an event.
on-chain compliance platform Predicate has completed an $8 million Series A funding round, led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital. Predicate primarily provides pre-transaction compliance review and risk control for stablecoins, tokenized assets, and other on-chain financial products, supporting the restriction of high-risk addresses and sanctioned transactions.
Odaily reports: Bitcoin News posted on X that Charles Schwab has opened Bitcoin and Ethereum trading to all eligible US retail clients through its existing investment platform, charging a 0.75% fee per trade with a minimum of $1 and a maximum single-trade limit of $2 million. The company is rolling out digital asset transfers between Schwab accounts and external wallets in phases, requiring users to pre-register withdrawal addresses and complete security checks. Paxos Trust Company provides custody, trade execution, and settlement infrastructure, and the related digital assets are not covered by SIPC or FDIC insurance.
Odaily News: Cryptocurrency trading firm GSR has committed $100 million, primarily through credit lines, to fund its new business Hare. Hare will partner with liquidity platform Turtle to create and manage on-chain vaults.Hare will initially launch vaults powered by lending protocol Aave, allowing investors to earn yields through major USD stablecoins and Paxos' tokenized gold product, with GSR providing anchored liquidity. (CoinDesk)
Odaily News: Global Dollar (USDG), issued by stablecoin issuer Paxos, will launch in the DeFi ecosystem of Ethereum Layer 2 network Arbitrum, covering Morpho, GMX, Fluid, and Maple, with Kraken providing fiat on-ramp and off-ramp services.Arbitrum aims to capture a portion of the economic benefits generated by stablecoins on its network. The network currently holds about $3.8 billion in stablecoins, of which about 60% is USDC issued by stablecoin issuer Circle.Stablecoin alliances are growing. OpenUSD has gained support from Mastercard, Visa, Stripe, Coinbase, and Shopify, while Qivalis has secured backing from 37 European banks. (CoinDesk)
According to CoinDesk, Ethereum Layer 2 network Arbitrum announced its addition to the Paxos-led stablecoin alliance Global Dollar Network (GDN), with its issued US dollar stablecoin USDG officially launched on the Arbitrum network.
Odaily News: Paxos Labs has announced the launch of PAXGy, a gold-backed token that uses PAX Gold as its underlying asset, with holdings growing measured in gold ounces. PAX Gold is fully backed by investment-grade gold in LBMA vaults and independently attested by KPMG; holders can obtain PAXGy by depositing PAX Gold or redeeming accepted stablecoins.
Paxos's Global Dollar Network asset USDG has officially launched on the Mantle Layer 2 network. This partnership introduces a direct conversion feature from USDT to USDG to enhance the liquidity of on-chain dollars.
: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
According to official announcements, Mantle has announced that USDG, a US dollar stablecoin issued by Paxos, has officially launched, becoming one of the first native stablecoins on the Mantle network. This integration establishes Mantle as a partner of the Global Dollar Network (GDN). Mantle will directly participate in GDN's reward-sharing mechanism, standing alongside over 150 partners, including Robinhood and Kraken, to drive user growth. As one of the few stablecoins subject to dual regulation under both the Monetary Authority of Singapore (MAS) and the European Union's MiCA framework, USDG currently has a circulating value exceeding $3.5 billion. One of Mantle's missions is to introduce more institutional-grade assets, including tokenized equities, yield-bearing stablecoins, and tokenized funds, thereby providing borderless investment access for everyone. The integration of USDG will further advance Mantle's development into an open financial network bridging institutional players and users. According to reports, the addition of USDG further enriches Mantle's existing portfolio of institutional-grade assets, which includes Agora's AUSD, Ethena's USDe, Ondo's USDY, and Tether's USDT0, among others. Over the past year, Mantle's stablecoin TVL has surpassed $982 million, with RWA T
Odaily News: Bank Leumi, Israel's largest and oldest commercial bank, has announced a partnership with cryptocurrency company Galaxy Digital, planning to launch Bitcoin, Ether, and Solana trading services on the Leumi Trade investment app and mobile banking platform PEPPER in early 2027, subject to approval from the Bank of Israel. Customers will be able to buy, hold, and sell related crypto assets through their bank accounts, without needing to open accounts on separate exchanges or use personal wallets. Galaxy Digital will provide institutional trading platforms and custody infrastructure, while Bank Leumi intends to operate under a white-label model where customers do not hold private keys. Bank Leumi previously announced a partnership with Paxos in 2022 to offer crypto trading services, but it did not receive regulatory approval. Fees, trading limits, the asset list, and external wallet withdrawal rules for this service have not yet been disclosed, and custodied crypto assets do not enjoy the same deposit insurance coverage as shekel deposits. (Bitcoin.com News)
Odaily News: U.S. financial services firm Charles Schwab began rolling out Bitcoin and Ethereum spot trading to retail clients in batches on May 13, 2026, with a transaction fee rate of 75 basis points per trade. The company disclosed client assets of $13.1 trillion and 39.8 million brokerage accounts, with Paxos handling execution and sub-custody. During the July earnings call, Charles Schwab stated that related business progress is on track, launched a crypto asset transfer pilot, and has taken an equity stake in Paxos. Initially, only Bitcoin and Ethereum are supported, with no deposits or withdrawals available, and no SIPC protection, except in New York State and Louisiana. Charles Schwab clients already hold approximately $25 billion in crypto ETPs. Morgan Stanley's E*Trade launched Bitcoin, Ethereum, and Solana trading on July 16 via Zerohash, with a fee rate of 50 basis points; Fidelity's fee rate is 1%, while Coinbase's implied fee rate for consumer trades is approximately 1.75%. (Forbes Digital Assets)
According to Business Wire, financial infrastructure command platform Cordant announced the completion of an $8 million seed funding round, jointly led by Motive Partners and Oak HC/FT, with participation from institutions such as Bitso, Paxos, Bankless VC, FJ Labs, and SignalFire. Cordant was founded by a former executive team from Rapyd and is positioned as a real-time operations command center for payment companies, fintechs, and banks, capable of integrating data from payment rails, bank accounts, ledgers, compliance, and risk systems to provide teams with a unified operational view without the need to migrate data or replace existing core systems. The funding will be used for product development and private beta customer deployments.
: Arcus, a decentralized exchange supported by Robinhood, launched tokenized stocks and perpetual futures on the Robinhood Chain on Tuesday. Arcus is built by the team behind the decentralized exchange dYdX and is supported by Robinhood Crypto. Arcus previously launched its spot market on July 1st when the Robinhood Chain went live. The platform offers over 95 stock tokens, perpetual markets, and crypto assets via self-custodial trading accounts, using USDG, a stablecoin issued by Paxos, as the primary collateral and settlement asset. The tokens launched on Arcus include stock tokens for major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon, as well as perpetual markets linked to stocks, ETFs, commodities, indices, and crypto assets. Arcus stated that its stock tokens are not available in the United States, Canada, the United Kingdom, and other restricted jurisdictions. The platform utilizes a self-custody model, allowing users to retain control of their assets and connect self-custodial wallets such as MetaMask, Ledger, and WalletConnect.
Cordant, a stablecoin and digital asset financial infrastructure provider, has announced the completion of an $8 million seed funding round. Participating investors include Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new capital will support the company's introduction of new payment networks and AI automation tools. Cordant is collaborating with financial institutions on product development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Notably, Latin American digital asset and payment platform Bitso, as well as blockchain infrastructure company Paxos, have both invested and are serving as design partners. (Businesswire)
global payment giant Visa is accelerating its stablecoin infrastructure efforts by launching the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into their existing payment and treasury management systems. It is reported that the platform aims to provide stablecoin service support to approximately 15,000 financial institutions and over 200 million merchants within Visa's network, enabling enterprises to use USD stablecoins for settlement, capital flow, and financial management within the traditional payment network.Visa currently processes approximately $15 trillion in payment transactions annually and has already processed tens of billions of dollars in stablecoin settlement volume. The company hopes to further expand the application scope of stablecoins through this new platform. Initially, the Visa Stablecoin Platform will support the new stablecoin OUSD, launched by the Open Standard alliance, while continuing to be compatible with stablecoins already supported by Visa, including USDC issued by Circle and USDG issued by Paxos. Visa believes that stablecoins are becoming an important part of the future financial infrastructure, with advantages including:Instant Settlement: Transactions no longer rely on traditional banking clearing cycles;Low-Cost Transfers: Reducing payment costs based on blockchain networks;Transparency and Traceability: On-chain transaction records provide higher verifiability.Visa has been consistently building its footprint in the stablecoin space. In 2020, Visa became the first global payment network to support USDC settlement; in 2025, the company launched a stablecoin settlement plan to further promote the entry of stablecoins into the mainstream payment system.Meanwhile, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard recently launched a stablecoin settlement solution and partnered with companies such as MoonPay and Paxos; American Express has also participated in the ecosystem development related to Open Standard.As traditional payment giants increasingly adopt stablecoins, they are transitioning from a payment tool within the crypto industry into a vital component of the global financial infrastructure. (Fortune)
Interactive Brokers has announced the addition of support for trading 12 new cryptocurrency tokens via Zero Hash and Paxos. With this expansion, its users can now trade a wider range of digital assets. The platform has also launched a stablecoin withdrawal feature, allowing clients to convert their U.S. dollar balances into stablecoins and withdraw USDC, PYUSD, and RLUSD to external wallets. This functionality means users can not only hold digital assets in their traditional brokerage accounts but also transfer stablecoins to on-chain wallets, further bridging the gap between traditional financial accounts and the crypto ecosystem. (The Block)
Avalanche announced the launch of the Avalanche Payments Collective, with 28 organizations already joining the coalition to build payment infrastructure on the Avalanche network. The coalition aims to integrate multiple domains, including settlement, stablecoins, capital infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stablecoin Committee.
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
House of Doge, an organization associated with Dogecoin (DOGE), has announced a partnership with regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-grade crypto brokerage and custody network.Paxos serves as the underlying blockchain infrastructure provider for payment platforms such as PayPal, Venmo, and Mercado Libre. These platforms leverage Paxos's capabilities to offer users crypto asset buying, selling, and custody services. This initial partnership is focused on enterprise clients, and it remains unclear whether it will expand to consumer-facing applications in the future. Marco Margiotta, CEO of House of Doge, stated that this collaboration will accelerate Dogecoin's global accessibility and provide a compliant entry path for mainstream fintech platforms.Paxos stated that the move aims to provide secure and compliant access to digital assets through its regulated infrastructure, and to support enterprise clients in expanding their crypto asset product lines. (The Block)
blockchain infrastructure platform and stablecoin issuer Paxos has announced that its subsidiary, Paxos Securities Settlement Company, has obtained registration as a clearing agency with the U.S. SEC, allowing it to provide clearing and settlement services as a central securities depository in the United States. In October 2019, the SEC issued a no-action letter to Paxos, permitting a pilot for blockchain-based U.S. stock settlement services, which went live in February 2020. Paxos stated that the pilot achieved same-day settlement, reduced costs, and improved operational efficiency within a regulated framework. Stablecoins and digital assets issued by Paxos include PayPal USD, Global Dollar, and Pax Gold. The SEC issued a Wells Notice to Paxos in 2023 regarding the issuance of Binance USD and concluded its investigation in 2024. Additionally, Paxos reached a $48.5 million settlement with the NYDFS in August 2025 concerning compliance issues related to Binance and BUSD. (Cointelegraph)