Ethereum Smart Contract Testing Guidelines
In a way, developing smart contracts is a throwback to a time where software was disseminated on cds with code that, once installed, must be as bug free as possible…
Nexo Purchases $5M in PAX Gold (PAXG) as BitGo Adds Support for Paxos’ Gold Token
December 12, 2019 05:09 AM Eastern Standard Time LONDON--(BUSINESS WIRE)--Nexo, a leading crypto banking institution, has purchased $5 million worth of PAX Gold, thus meeting the public’s need for tokenized…
Convenience and Security: Paxos’ Third-Party Authorization Design for BUSD and Beyond
In September 2019, we partnered with Binance to launch a new stablecoin called Binance USD (BUSD). BUSD is regulated by the New York Department of Financial Services, backed 1:1 by…
Paxos Releases Fiat Gateway Solution and APIs
New Developer Tools Enable Seamless Movement between Traditional and Digital Assets Binance is First to Utilize Fiat Gateway NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Paxos Trust Company, the regulated financial institution that…
How do participants get on-boarded?
The entire process can take a matter of weeks. Paxos works directly and independently with each of its participants to ensure that onboarding is as seamless as possible. First, Paxos…
What trades can Paxos Settlement Service settle?
Paxos is currently operating Paxos Settlement Service within a limited scope - only street-side broker-to-broker trades of certain U.S. listed equities are eligible for settlement on Paxos Settlement Service. Paxos…
Does Paxos Settlement Service support or use cryptocurrency (e.g. Bitcoin or Ethereum)?
No, Paxos Settlement Service does not use, support or settle cryptocurrency. It is currently used for settlement of U.S. equities.
Why should participants choose Paxos Settlement Service?
Paxos Settlement Service is a true bilateral delivery-versus-payment settlement system, which does not otherwise exist in the market. It is built with blockchain technology that can deliver benefits in both…
What is Paxos’ vision for this product and business?
Paxos is building new market infrastructure - one where assets of all types, across geographies - can frictionlessly move and be transacted. By modernizing financial market infrastructure, we can create…
What is Paxos Settlement Service?
Paxos Settlement Service is a post-trade settlement platform for U.S. securities that enables existing market participants to settle trades between themselves. Paxos Settlement Service is connected to participants on a…