Stablecoin issuer Paxos cuts 20% of workforce: report

Benson Toti

Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to…

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Stablecoin issuer Paxos cuts 20% of workforce: report