As per KanalCoin, Charles Cascarilla, CEO of Paxos, and Denelle Dixon, CEO of Stellar Development Foundation, held a Fireside Chat discussing the future of stablecoins and blockchain with community banks. The event highlighted the potential of regulated stablecoins in modernizing U.S. payment systems, with emphasis on regulatory clarity, compliance, and adoption pathways. Cascarilla noted that stablecoin issuers facilitate payments but do not perform traditional banking roles. PayPal and Mastercard are among the enterprises exploring such integrations. Paxos, which received a New York trust charter for digital assets in 2015, has positioned itself as a leader in compliance for blockchain financial services.
Paxos CEO Charles Cascarilla Discusses Regulated Stablecoins and Financial Infrastructure Modernization
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