We have posted an updated version of our privacy policy that is effective August 29, 2023. You can review the updated version of our privacy policy here.
The financial services industry and the digital asset ecosystem have converged. In the last year, there has been more institutional adoption of crypto than ever before. That trend is not…
The adoption of stablecoins has accelerated rapidly in the last year, with the total outstanding balance of fiat-backed stablecoins reaching $154B as of March 2022. Our latest eBook, designed for…
Paxos is on a mission to enable the movement of any asset, any time, in a trustworthy way. To complete this mission, we are continuing to grow our remote-first team while establishing a presence in new locations. Next stop - Ireland!
As the demand for tokenized gold increases around the world – PAXG token volume increased 81% in Q1 alone – we are working hard to make it easier for investors…
Paxos is on a mission to redefine financial infrastructure by enabling the trustworthy, instantaneous movement of any asset at any time. Our blockchain-based infrastructure bridges highly regulated traditional markets with…
Paxos CEO and Co-Founder Charles Cascarilla sat down with journalist Matt Leising to discuss how blockchain technology is changing the way money and value moves around the world. They also discussed how blockchain and digital assets will revolutionize the average person’s interactions with the financial system.
ding regulated blockchain infrastructure platform, has introduced the Paxos Settlement Hub for Commodities. This additional feature to the Paxos Settlement Service solution streamlines the settlement process to handle all settlements for market participants across gold, silver, platinum and palladium. This functionality allows for a centralized operational process for settlements with counterparties that are both on and off the Paxos network.
Last December, Mercado Pago, the financial services arm of Mercado Libre, launched the ability to buy, sell and hold bitcoin, ethereum and the Paxos-issued US dollar-backed stablecoin USDP in the…
NYDFS. These two tokens are very similar in design and reserve operations because they are regulated. Paxos and NYDFS agreed to the terms of the token in advance of issuing - this includes the stipulation that USDP and BUSD only be issued by Paxos on the ethereum blockchain at this time.
We’re excited Bank Leumi is the first Israeli bank to offer this capability to consumers and have chosen our platform to enable their solution.
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