Paxos accidentally minted $300 trillion of PayPal’s stablecoin. It’s not clear how the firm made such a colossal mistake. The firm applied for a banking charter in August. Paxos’ erroneous creation of trillions worth …
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Charter
- NFT & Metaverse
Crypto Bank Erebor Approved for Conditional Federal Bank Charter by OCC
by adminby adminThe U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several …
- Altcoin Highlights
Stripe’s Bridge Applies for National Bank Trust Charter to Expand Stablecoin Business
by adminby adminBridge, the stablecoin infrastructure company acquired by payments giant Stripe, applied for a national bank trust charter with the U.S. Office of the Comptroller of the Currency (OCC), co-founder Zach Abrams said on Wednesday. …
