Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Paxos expands to Solana (SOL) blockchain as it becomes a multi-chain stablecoin issuer
ALTCOIN NEWS

Paxos expands to Solana (SOL) blockchain as it becomes a multi-chain stablecoin issuer

By Crypto FlexsDecember 24, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Paxos expands to Solana (SOL) blockchain as it becomes a multi-chain stablecoin issuer
Share
Facebook Twitter LinkedIn Pinterest Email

Stablecoin issuer Paxos has expanded onto the Solana (SOL) network, becoming the first multi-chain platform regulated across multiple jurisdictions.

The New York-based cryptocurrency company said in a new press release that, after working exclusively with leading smart contract platform Ethereum (ETH), it will now launch dollar-pegged cryptocurrency asset Pax Dollar (USDP) on the Solana blockchain. He said it would be. .

“Paxos, a leading regulated blockchain and tokenization infrastructure platform, is pleased to announce the strategic expansion of stablecoin issuance to the Solana blockchain platform.

This initiative, previously exclusive to Ethereum, represents an important milestone for the innovation and advancement of Paxos’ enterprise and consumer-facing businesses.”

Pax Dollar is available through the Solana blockchain. start As of January 17, 2024, Solana Foundation.

“Paxos’ expansion of the Solana blockchain expands Solana’s growing payments ecosystem, and Paxos’ USDP stablecoin is planned to be publicly available starting January 17, 2024.”

Solana co-founder Raj Gokal said in a press release:

“Paxos’ decision to introduce stablecoin issuance on the Solana blockchain highlights how Solana’s high-performance network and low transaction fees will support regulated financial products and provide leaders like Paxos with new ways to scale and innovate. We’ll show you if you can.

The Solana network will enable Paxos to further advance its vision of a more open and financially empowering future.”

Solana is trading at $96.62 at the time of writing, up 4.05% in the last 24 hours.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025
Add A Comment

Comments are closed.

Recent Posts

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Seascape Launches First Tokenized BNB Treasury Strategy On Binance Smart Chain

October 16, 2025

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

ZBCN is tradable!

October 15, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025
Most Popular

Binance Adjusts Leverage and Margin Ratings for Perpetual Contracts

December 6, 2024

What you must know about Cryptocurrency & Password Managers

December 1, 2023

Bitcoin rebounds of Bearish US GDP data while DIP buyers return the BTC price to $ 95K

May 1, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.