Paxos deploys new feature to allow fast creation, transfer of PAX between wallets
Stablecoin Paxos Standard Token ($PAX) has announced 'auto-transfers' for purchases and transactions of PAX across wallets. Auto-transfers allows users to send PAX through different exchanges with little time delay, a move which PAX's Dave Wells says will up adoption of the stablecoin: "By increasing the speed at which you can create, redeem and use PAX, we’re also providing another layer of confidence to our customers as it improves their experience and they can ensure their funds are always available and accessible."
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