PAX Gold price in USD: |
---|
$2,684.457 |
PAX Gold price in USD: |
---|
$2,684.457 |
The gold-backed token has achieved a remarkable milestone, exceeding $500 million in total locked-in value (TVL) just months after its launch on July 9.
A new digital asset exchange called TrueX is set to launch, backed by a team of former Coinbase executives and utilizing PayPal’s stablecoin for transactions.
PayPal’s stablecoin, PYUSD, has recently surpassed Tron’s USDD in market capitalization, positioning itself as the sixth-largest stablecoin in the crypto space.
A recent Financial Stability Board (FSB) report warns of significant risks linked to the increasing use of global stablecoins (GSCs) in emerging markets and developing economies (EMDEs).