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Home Bitcoin

Paxos Courts MakerDAO With Paying Yield for Holding As much as $1.5B USDP Stablecoin

by News For The Crypto
January 20, 2023
in Bitcoin
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USDP is a dollar-pegged stablecoin one-to-one backed by money and cash-equivalent U.S. authorities debt devices, based on unbiased attestations. Each Paxos and USDP are regulated by the New York Division of Monetary Companies (NYDFS), the state’s main monetary regulatory company. Successfully, Paxos would cross part of the income earned on the federal government bonds backing USDP to Maker.



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Tags: 15BBitcoin Newsbitcoin priceBitcoin updatesCourtscrypto updatesHoldingLatest Crypto NewsMakerDAONews For The CryptoPaxospayingStablecoinUSDPyield
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