Paxos Partners with Mercado Pago to Open Access to Pax Dollar (USDP) for Mexican Customers
Paxos, the regulated blockchain infrastructure platform for enterprises, and Mercado Libre’s Mercado Pago, Latin America’s leading online payments platform, have announced that Paxos’ regulated US dollar-backed stablecoin, Pax Dollar (USDP), will now be available to all Mercado Pago users in Mexico.
Payments Processing: Battle for the Rails
Traditional payment rails, including credit cards and wire transfers, have long served as the backbone of the financial ecosystem. However, institutions and markets are now revising these methods to keep up with the digital landscape.
Spotlight on Brazil 2023: Embracing Digital Asset Regulation
Since 2000, Brazil's standing as a global economic power has risen steadily, with its GDP growing from $655B in 2000 to estimates north of $2T for 2023.
5 Ways Blockchain Powered Digital Wallets Support Financial Inclusion
Some estimate that nearly a third of all adults globally lack access to financial systems for basic functions such as buying and selling assets, saving and establishing credit.
Paxos Settlement Service Delivers 300% ROI as Trading Volumes and Interest Rates Surge
NEW YORK & LONDON – JUNE 15 , 2023 – Paxos, the regulated blockchain infrastructure platform for enterprises, continues driving value for its commodities market clients through its Post-Trade and…
Stablecoins Are Key to the Future of Finance
The digital asset industry has seen its share of failure and uncertainty over the last 18 months, sowing doubt in public perceptions around crypto, forcing the hand of regulators and muting the ecosystem's overall growth.
Paxos Defines Stablecoin Transparency
From day one, Paxos’ approach to transparency has been to lead the industry and then evolve from there. We work with regulators to define what transparency means and how it looks. Most importantly, we continue to enhance transparency at every turn.