Search results for Paxos
Crypto
Charles Schwab to launch spot bitcoin, ether trading for retail investors
U.S. brokerage Charles Schwab will begin spot trading in bitcoin and ether for U.S. retail customers within weeks, Cointelegraph reported. The service will use a dedicated crypto account linked to Schwab’s brokerage platform, with custody handled by a subsidiary and trade execution processed through a partnership with federally regulated trust company Paxos. The rollout will be phased and initially excludes New York and Louisiana residents. Fees are set at 0.75 percent per trade.
Crypto
Who drives the stablecoin market: Issuance by Circle, distribution by Coinbase
Institutional finance payment infrastructure is shifting from correspondent banking-led structures to stablecoin networks, with key functions concentrated among a handful of firms. Stablecoin market capitalisation rose to $317.89 billion in April 2026 from about $125 billion in early 2024, while 2025 transfer volume reached $33 trillion. USDC led institutional payments. Issuance centres on Circle and Paxos, distribution on Coinbase and Wintermute, and custody on Fireblocks and exchange cold wallets.
Crypto
Wall Street-backed crypto exchange EDX Markets applies for bank charter to expand custody, settlement services
Crypto exchange EDX Markets, backed by Wall Street firms including Citadel Securities, Fidelity Investments and Charles Schwab, has applied for a U.S. national bank charter. The Block reported the company submitted an application to the Office of the Comptroller of the Currency, seeking approval to offer custody, asset management and trade settlement services. Other crypto companies such as Bridge, Ripple, Circle, BitGo, Fidelity Digital Assets and Paxos have also applied.
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AI & Enterprise
The Better Money Company raises $10 million to build stablecoin clearinghouse
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Crypto
Yield-bearing stablecoins grow fast despite regulatory uncertainty
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Crypto
Asia local-currency stablecoins account for less than 1 percent, speed is key - Tiger Research report
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Crypto
U.S. government gives conditional approval to Crypto.com for bank trust charter
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Crypto
Modern Treasury integrates stablecoin payments alongside ACH and wire transfers
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Crypto
Stripe subsidiary Bridge wins conditional bank charter from U.S. OCC
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Crypto
Aleo launches privacy-protecting USAD stablecoin
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Crypto
Latin American fintech Nubank wins conditional approval to set up U.S. national bank
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Crypto
Tokenised gold market cap tops $4 billion as gold price jumps
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Crypto
OCC chief says to review World Liberty Financial bank charter application
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Crypto
Anchorage Digital seeks up to $400 million in funding, Bloomberg reports
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Crypto
Trump-linked World Liberty Financial applies for bank charter to expand USD1 stablecoin