Paxos, a major player in the stablecoin market, has secured regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin offerings to the Solana blockchain, according to a Dec. 22 Fortune report. This marks a significant development, as Paxos was previously limited to issuing its Pax Dollar (USDP) stablecoin exclusively […]
The post Paxos secures New York regulatory approval to expand USDP stablecoin to Solana appeared first on CryptoSlate.
Originally appeared here:
Paxos secures New York regulatory approval to expand USDP stablecoin to Solana