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.
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.
Watch Paxos Engineering leaders Ilan Gitter and Brent Perreault go in-depth on what it takes to build a stablecoin and deploy it on the blockchain!
Hear what Paxos CEO Charles Cascarilla thinks of continued crypto and blockchain in New York. He sat down with NY1 on March 10, 2022 to cover dynamics in New York state and also highlighted the importance of the Executive Order for digital assets issued by the Biden Administration.
Paxos is the first Blockchain Infrastructure Platform to Secure Regulatory Oversight in Key Financial Hubs of New York and Singapore NEW YORK & SINGAPORE - March 10, 2022 - Paxos,…
Gold has always been a safe haven asset. When markets and geopolitical situations are unpredictable, investors flock to gold to minimize risk. Gold is a global asset independent from any fiat currency or government, it is a universally attractive store of value and it is timeless. And with gold-backed digital assets (like PAX Gold), it is now easier and faster than ever to get physical investment-grade gold.
For the second year in a row, Paxos has been named to CB Insights & Blockdata’s Blockchain 50 list! This distinguished list selects leading blockchain innovators based on factors such as business model, market potential, growth momentum and more.
Paxos was founded with the belief that market infrastructure needs to be modernized and accelerated because there is too much risk inherent in core utilities as they exist today. That’s why Paxos has been working for years on a solution to shorten settlement. We’ve successfully built a solution called the Paxos Settlement Service that settles trades on T+2, T+1 and T+0 - really, settlement on any cycle. That means, with Paxos, T+1 and T+0 are available today, not next year.
In the last several months, Paxos has hit a stage of development commonly known as “hypergrowth” due to the mainstream adoption of digital assets. Under heavy acceleration, tech companies need to rapidly evolve software systems from earlier-stage minimal viable products to enterprise-grade platforms that are scalable and reliable. These transformations are extremely challenging, and the challenges extend beyond software development to organizations as a whole.
Crypto is not just for early adopters anymore. Everyday consumers are approaching crypto as an opportunity to add value to their portfolios in the long-term.
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