Solana Ramps Up For Paxos’ Stablecoin Expansion With NYDFS’s Positive Nod For January 2024 | Bitcoinist.com

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In a significant development for the stablecoin industry, Paxos, one of the largest stablecoin issuers, has received regulatory approval to extend its product offering to the Solana (SOL) blockchain. The expansion, scheduled to launch on January 17, 2024, follows a directive from the financial regulator ordering Paxos to halt the minting of Binance’s BUSD tokens […]