Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of its staff, roughly 65 employees. This decision, however, appears to be part of a calculated gamble rather than a sign of financial distress. According to a report by PYMNTS, Paxos CEO […] source: https://bitcoinist.com/paxos-shocks-with-20-workforce-slash/