Paxos Courts MakerDAO with payout yield for holding up to $1.5 billion USDP Stablecoin

According to independent certificates. Both Paxos and USDP are regulated by the New York Department of Financial Services (NYDFS), the state’s leading financial regulatory agency. In effect, Paxos would pass on some of the revenue raised from the USDP-backed government bonds to Maker.