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TechFlow, August 19 — According to official news, the New York State Department of Financial Services (NYDFS) has issued a no-action letter to Paxos, approving its issuance of the PYUSD stablecoin on the Stellar network. PYUSD is expected to officially launch on the Stellar network within 2025.
According to official announcements, the New York State Department of Financial Services (NYDFS) has issued a no-action letter to Paxos, approving its issuance of the PYUSD stablecoin on the Stellar network. PYUSD is expected to officially launch on the Stellar network within 2025.
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