Home Cryptocurrency Paxos applies for U.S. trust bank license with OCC

Paxos applies for U.S. trust bank license with OCC

Paxos, one of the leading regulated stablecoin issuers and tokenization platforms, has filed for regulatory approval to become a national trust bank. Paxos, which issues PayPal USD (PYUSD) and Pax Dollar (USDP) stablecoins, announced that it is looking to convert…

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