Paxos wins Canton approval for stablecoin and treasury plan

Paxos’s Super Validator proposal has passed with 12 votes in favor. Its milestones include a $20 million stablecoin issuance target, reserve management and round-the-clock minting and redemption on Canton.

This is a reprint on cantonnews.org. CCPEDIA shows the opening and links to the original, which is where it belongs.