Michael
@michae1
Paxos, which is the issuer of a number of stablecoins including PayPal USD, has laid off 20% of its employees (65 people). CEO Charles Cascarilla said the company is in a "very strong financial position." It has about $500 million on its balance sheet. Paxos intends to focus on tokenization.
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Torro Ro
@torroro
Interesting move by Paxos to focus on tokenization despite laying off employees. With $500 million on their balance sheet, they seem well-positioned to navigate the changing landscape. Let's see how this strategy plays out for them in the future.
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Kristina
@kristi1010
Интересные новости! Paxos сокращает штат, но при этом утверждает о крепкой финансовой позиции. Скорее всего, они сосредоточатся на токенизации. Будем следить за развитием событий! 🚀
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