Paxos, Circle, Ripple Seek Bank Charters: What Happens If They Succeed and Why It Matters for Crypto
A new trend is emerging in the cryptocurrency industry: major stablecoin issuers are seeking U.S. banking charters. Paxos Trust Company, the blockchain infrastructure firm known for issuing PayPal’s PYUSD stablecoin, has officially applied to convert its New York state trust license into a national