Vaxcyte (NASDAQ:PCVX) reported quarterly losses of $(0.93) per share. This is a 82.35 percent decrease over losses of $(0.51) per share from the same period last year.
Paxos Reveals PayPal Stable Coin PYUSD Is Backed By Treasury And Cash Reserves
Paxos, the issuer of PayPal Holdings Inc (NASDAQ: PYPL) stablecoin, PYUSD, stated in a transparency report that the PYUSD is supported by cash reserves and U.S. Treasury reverse repurchase agreements.