Participates as an initial institutional client in Bank of New York Mellon's tokenized deposit service launch, testing real workflows like collateral management and high-value settlements alongside other major financial institutions.

PYUSD stablecoin issued by Paxos is approaching 100,000 holders.

Operates stablecoins on 5 different blockchain platforms or networks.

Nominated for "Best In Stablecoins" award at The Rollup Co awards ceremony on 2025-12-30.

The tokenized commodities market cap reaches all-time high of ~$3.8 billion, with Paxos among the leading issuers.

Market cap of assets issued reached $6.6B, up from $1B since January 2025.

PAXG is the second-highest swapped token on MetaMask this week.

OCC approves Paxos's conversion to national trust charter as one of five approvals, including two de novo charters (Ripple and First National) and three conversions (Fidelity, BitGo, and Paxos).

OCC grants conditional approval for Trust Bank Charter conversion to Paxos, alongside Ripple, BitGo, Fidelity, and Circle.

PAXG ranks as a top gainer during today's crypto market sell-off.

PAXG (PAX Gold) lists on Grvt exchange with new trading pairs available.

Ayni Gold launches an RWA protocol that tokenizes mining capacity and distributes PAXG as rewards.

Paxos acquires New York-based DeFi wallet startup Fordefi for over $100 million, with plans to integrate Fordefi's technology into Paxos infrastructure over time.

Launches USDG0 omnichain stablecoin via LayerZero integration.

USDG0 deploys to Plume, Hyperliquid, and Aptos as the first three networks, built on LayerZero's OFT standard for cross-chain functionality.

Paxos unveils stablecoin plans involving Hyperliquid, with USDG0 set to become a quote asset on HyperCore.

PAXG reaches $94M in 24h trading volume, ranking as the 5th highest among RWA performers.

PAXG reaches $1.3B market capitalization, contributing to a $3.9B total tokenized gold market that has grown 50x since 2021.

MoonPay announces Zach Kwartler, formerly of Paxos, as new Head of Stablecoins.

PAXG ranks as the 6th fastest growing tokenized asset in the $1B+ supply category among major stablecoins and tokenized assets.

OKX PAY offers 10% annual yield on first 10,000 USDG and 5% on excess amounts with weekly payouts for Paxos-issued USDG stablecoin.

PAX received support from Believe Fund as part of a 1.8M $ZORA distribution to seven creator projects this week.

Bitcoin whale deposits 2,300 BTC on Paxos.

PAXG is now available on Backpack platform for investment.

New perpetual futures contracts launch for PAXG and ZRO with limited-time achievements campaign for traders.

PAXG App Campaign ends tomorrow, offering top 2,000 participants who purchase US$50 in CRO a share of 5 PAXG prize pool.

PAXG listed as one of the fastest growing Real World Assets by 30-day TVL growth percentage.

Paxos participates in competitive bidding for Hyperliquid's USDH stablecoin launch, competing with Native Markets and Ethena for distribution of $5.5 billion in stablecoins generating approximately $220 million in annual revenue, though Native Markets wins the contract.

PAXG listed as top token by 24h trading volume to market cap ratio.

A privacy-focused neobank cryptocurrency project partners with Paxos and Revolut, having raised $298M from SoftBank and a16z.

PAXG flash crashes to $3080 on Hyperliquid while spot gold prices remain unchanged, exposing volatility risks for institutional capital.

A representative appears on CNBC and attributes the 300 trillion stablecoin creation to a "manual error."

a16z report highlights Paxos partnership with Aleo to create USAD, a private regulatory compliant stablecoin, as one of the most notable developments of the year.

Paxos integrates with Toku to enable employee payroll payments in USDG stablecoin.

Over $7.5m in PAXG perps liquidated across CEXs during volatility events on October 10 (with +8% and -23% wicks) and October 16 (+12% wick), with over $200m in combined open interest across exchanges.

A Paxos representative explains the $300 trillion PYUSD minting incident during the Federal Reserve crypto roundtable.

Paxos executives participate in a bipartisan industry roundtable on October 22 focused on stablecoins and tokenized assets, integrating GENIUS Act provisions with market structure for fiat-crypto rails alongside Circle and Chainlink.

PAXG launches an app campaign from October 21 to November 4 where the top 2,000 users ranked by CRO purchase and deposit amounts split 5 PAXG as prizes.

The Federal Reserve will host a payments innovation conference on Oct. 21 with Paxos representatives as panelists alongside Chainlink, Circle, and Coinbase.

PAXG ranks as a top gainer on a day when crypto broadly dumps 5-9% with extreme fear sentiment and largest BTC ETF outflows since August.

A $300 trillion stablecoin blunder at Paxos sparks confusion amid the company's trust charter application.

PAXG functions as collateral on 0xfluid smart collateral market with positive APY for USDC borrowing.

PAXG trades at 10% discount to physical gold in Vietnam and 7% discount in India, while trading near parity in Hong Kong. Liquidations occur on Hyperliquid as PAXG reaches $5k price level. (1979098853061079147, 1979095422221090905)

PAXG lists on OKX spot market on October 16.

Market maker liquidity request for PAXG emerges as leverage trading activity increases on the token.

PAXG experiences short squeeze on Binance with price wicking to $4,790, causing liquidations and trading above Net Asset Value.

The $300 trillion minting error was caused by an attempted fix after accidentally burning $300M.

The $300 trillion minting error raises concerns over PYUSD integrity.

PAXG becomes available for trading on VestExchange with up to 10x leverage and zero trading fees.

Spark partners with PayPal to inject up to $1 billion into PYUSD liquidity. PAXG (Pax Gold) is now available on Hyperliquid.

Pax Gold ranks as the top performer on Binance for 2025.

Following the $300 trillion minting error that occurred at 3:12 PM EST, Paxos issues $300 million PYUSD in normal operations, resuming standard minting activities.

Paxos accidentally mints $300 trillion PYUSD on Ethereum in an apparent operational error, temporarily making PYUSD the world's largest stablecoin before burning the entire supply approximately 20 minutes later.

PAXG experiences whale transfers to centralized exchanges with minimum $1M transactions, listed among tokens at risk of sell-off.

Paxos files for bank charter in 2025 as part of wave of over 20 filings, seeking direct Fed rails and token issuance capabilities under GENIUS Act regulatory framework.

PAXG listed among top gainers as gold reaches new all-time high at $4148.

OKX lists PAXG with PAXG/USDT spot trading starting October 14 at 7:00 AM UTC.

PAXG experiences flash crash to $3,500 on Bybit exchange amid technical issues.

Paxos Gold achieves $1B TVL milestone in recent months, establishing itself as a leader alongside Tether Gold in the tokenized commodities market which has reached nearly $3B total TVL.

Tokenized gold market cap surpasses $3B for the first time as combined PAXG and XAUT trading volume reaches $640M in 24 hours; Bitcoin-to-gold ratio falls below 32, indicating gold's stronger relative performance.

Monthly DEX volume for PAXG/XAUT reaches new all-time high in September, with Uniswap and Curve as primary trading venues.

Gold surpasses $4000 all-time high driven by US government shutdown and China stockpiling gold reserves; 50x leverage perpetual trading available on Deribit.

Co-Founder Bhau Kotecha states that AI agents could become a leading factor in the next wave of stablecoin adoption, turning market fragmentation into an advantage.

Paxos joins Coinbase, Circle, and Ripple in seeking OCC national trust charter approval, advancing formal regulatory compliance efforts at the national level.

Paxos partners to launch USAD, a privacy-focused and compliant stablecoin described as first of its kind, offering confidential transactions while maintaining regulatory compliance.

Paxos Co-Founder Rich Teo becomes strategic advisor to OpenEden, linking Paxos expertise with OpenEden's mission to bring institutional-grade real-world assets on-chain.

Hyperliquid's HIP-3 proposal enables Paxos-issued stablecoins to serve as quote assets for perpetual trading on the platform, requiring 200K HYPE token stake for 3 years to qualify, with fee reductions available for stablecoins that stake an additional 800K HYPE to become "aligned Hyperliquid stablecoins."

OKX exchange offers 4.1% yield on USDG dollar-backed stablecoin issued by Paxos, paid weekly without staking or lockup requirements.

PayPal's PYUSD stablecoin, issued by Paxos, launches on Tron blockchain via Stargate Finance Hydra with LayerZero cross-chain infrastructure.

Paxos identified as market leader in tokenized commodities sector within the $2.4B+ RWA commodities market according to new industry report.

A portfolio company has been acquired and will join Paxos, with the acquisition involving founders Chunda and Jun who were previously seed-funded in Q2 2023.

Large whale activity detected with 105 million USDC transferred from unknown wallet to Paxos.

Large-scale Bitcoin movement of 6,757 BTC (worth $800 million) transferred from cold wallet to new wallet.

Native Markets wins the USDH ticker competition on Hyperliquid, with Paxos finishing as an unsuccessful bidder despite receiving community recognition for their strong proposal.

Agreement reached to list USDH tokens on Hyperliquid platform.

A staker switches their vote to favor Paxos over competitor "Native markets" in the ongoing Hyperliquid staker decision process, citing the team's crypto-native background as a key factor.

70 million PYUSD tokens (worth approximately $70M USD) were minted, representing a significant token creation event.

MICA regulatory badge obtained, Kraken exchange listings confirmed, and 95% revenue sharing model implemented as part of USDH competition offerings.

Paxos introduces a capped fee model as part of its updated USDH bid for the Hyperliquid stablecoin deal.

The validator voting deadline for USDH deployment rights has passed, with the decision now moving to Hyperliquid stakers who have until September 14th to make their choice.

Paxos increases ecosystem incentives to $40 million (up from previously mentioned $20M) and confirms HYPE listing on PayPal/Venmo is complete with free off-ramps for USDH. Paxos will not provide airdrops for validators unlike some competitors.

Paxos offers $20M in PayPal incentives with pending HYPE listing on PayPal/Venmo and USDH integration across PayPal's payment infrastructure. Paxos acquired Molecular Labs, the infrastructure provider behind $LHYPE and $WHLP tokens.

A new endorsement for Paxos emerges in the USDH competition, emphasizing distribution strategy as key to winning stablecoin wars and positioning Paxos as the best option for achieving "exit velocity" for USDH.

A personal endorsement for Paxos in the USDH competition emerges from someone potentially connected to Hyperliquid, citing their work from home policy as the reason for support.

Kraken offers to list both USDH and HYPE tokens from Day 1 with free USD on/off ramps, pending standard approval process.

Voting reaches 50% completion with current standings showing Native Markets leading at 30%, followed by Paxos at 11%, and Ethena at 8%. New validator commitments include ASXN voting for Ethena and ValiDAO voting for Paxos.

Polymarket betting odds show Paxos at only 7% chance of winning the ticker competition, with Native Market currently taking the lead in the voting.

A validator commits to vote for the USDH proposal, while the team increases Discord engagement activity. The competition dynamic with Native Markets as favorite continues.

The v2 proposal includes HYPE listing on PayPal/Venmo, USDH free on/off-ramps, $20 million ecosystem incentives, with revenue capped at 5% and fees paid in HYPE, plus plans for global USDH issuance in compliant European markets.

Paxos releases a stronger iterated proposal for the USDH competition, with community analysis suggesting the race is narrowing down to Paxos versus Native Markets as the top contenders.

Community sentiment aligns that Paxos has one of the best USDH proposals alongside Ethena and Agora, though a recent assessment ranks Ethena slightly ahead of Paxos in the competition.

Paxos proposes 95% of USDH reserve yield for HYPE buybacks with 5% retention, while Polymarket odds favor Paxos and Native Market for winning the USDH ticker competition.

The USDH stablecoin competition narrows to 4 major players including new competitor Native Markets alongside the previously known contenders. Company executive confirms they have already purchased tickers and will launch a stablecoin on Hyperliquid regardless of the USDH competition outcome.

Paxos Labs acquires Molecular Labs, strengthening their Hyperliquid ecosystem integration, while setting a 90% target for USDH to become the core Hyperliquid stablecoin and committing to build regardless of community vote outcomes.

Executive defends not offering 100% USDH revenue sharing to community, arguing issuers need financial incentives for long-term support.

Co-founder reveals the company is "tripling down" on tokenized gold initiatives, indicating expansion beyond their current stablecoin focus into the growing tokenized precious metals market.

Tokenized gold market adds $91M in supply this week, reaching approximately $2.2B total market cap.

Three formal USDH stablecoin proposals have been submitted by established issuers including Paxos (characterized as regulated with institutional bridging capabilities), Frax, and withAUSD, while Circle plans a late entry with native USDC on Hyperliquid.

Competition for the USDH stablecoin contract intensifies with Agora offering 100% revenue sharing compared to the 95% proposal, while Frax emerges as a third competitor alongside more expected bidders.