Paxos, issuer of PayPal’s PYUSD stablecoin, has filed for a US national trust bank charter to replace its New York license, renewing an effort that stalled in 2023.

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Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...

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(Reuters) -Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national ...