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👀 Paxos gets NY green light to join Solana blockchain: Report Stablecoin issuer Paxos has reportedly received regulator…
👀 Paxos gets NY green light to join Solana blockchain: Report
Stablecoin issuer Paxos has reportedly received regulatory approval from the New York Department of Financial Services to launch its products on the Solana blockchain.
To date, the company has been authorized to issue its $USDP stablecoin only on the Ethereum network due to restrictions imposed by the DFS. The debut of Paxos on Solana is scheduled for Jan. 17, 2024.
