Company
Deciphering the Market: Charles Cascarilla Breaks Down Crypto Volatility on CNBC's Squawk on the Street
On June 17, 2022, Paxos CEO & Co-Founder Charles Cascarilla joined CNBC’s David Faber and Carl Quintanilla to break down crypto markets. Listen to Charles’ perspective and why he think Paxos is well-positioned to succeed.
Becky McClain
On June 17, 2022, Paxos CEO Co-Founder Charles Cascarilla joined CNBC’s David Faber and Carl Quintanilla to break down crypto markets.
In just a month, we’ve seen digital asset markets shed significant value, but this period of “creative destruction” is not all bad. Opaque leverage is starting to unwind which will lead to more failures, but overall a strengthening of the well-positioned players. Charles shares how this dynamic is largely off-shore and how the regulatory framework in the US has protected many consumers from market contagion. Additionally, he noted that Paxos will continue to grow sustainably through this turmoil since we’ve always proactively sought out regulation and worked to build a safe, innovative platform for the most sophisticated companies around the world.
Listen to Charles’ perspective and why he think Paxos is well-positioned to succeed.
Related articles
Company
Through a Toku integration, Paxos employees can now receive part of their pay in USDG or PYUSD directly through Workday and ADP payroll.
Company
Paxos surveyed 400 US fintech decision-makers for its 2025 Enterprise Digital Asset Adoption Report. Regulation ranks as their top adoption priority.
Company
PayPal USD, issued by Paxos Trust Company, was created with the goal of enabling a digital currency with a stable value designed for commerce and payments. Directly in line with that vision, last week we announced that PayPal USD (PYUSD) is now available on Crypto.com Pay!
