Paxos will post about the Maker-Paxo partnership towards including PAX in the PSM. This agreement includes adding DAI to the Paxos Platform, which unlocks the below user flows:
- User can swap supported fiat currencies for DAI using the PSM (if best market rate)
- User can custody DAI
- User can buy/sell crypto using DAI
- User can deposit/withdraw DAI
These will be available directly on the Paxos.com platform or via API through our Crypto Brokerage product.
DAI has been activated in Binance pay. With Binance Pay you can shop with DAI or send money to friends and family worldwide. In mid-August, Binance will merge Binance pay with Binance P2P, adding a flexible on-off ramp to the platform. Binance pay currently has 2million users.
Dai was part of the first NFT collection by Damien Hirst called “The Currency”, a collection of 10,000 nfts that correspond to 10,000 unique physical artworks. Launched on the Palm network, a new Ethereum side chain that supports Dai.
Attention CUs SuperFluid, a streaming real-time payments protocol, is live with Dai. They support use cases like paying salaries, subscriptions payments, rewards, and other perpetual payment types.