Paxos Labs spin‑off raises $12M to build bespoke stablecoin rails

Paxos Labs, a spin‑off from Paxos, just raised $12M to help big enterprises launch their own branded stablecoins and plug into programmable dollar rails. Paxos Labs, a newly created spin‑off from stablecoin issuer Paxos, has raised $12 million to build…