What Business Leaders Should Know About Web3
The landscape of technological innovation is at a critical juncture, experiencing a paradigm shift that could fundamentally change the trajectory of the financial sector.
3 Reasons Blockchain Can Improve the Flow of Global Remittances
Global remittances play a significant role in the global economy, serving as a vital lifeline for millions of families and communities worldwide. Remittances can be broadly defined as any money sent from one party to another, whether the parties be individuals, companies or countries.
Paxos Grows Compliance Program: Adds New Leaders and Deepens Investment in Critical Function
As the most regulated blockchain infrastructure platform, Paxos was founded on the principles of consumer protection and oversight. We constantly evaluate and update our compliance program to ensure it is well-positioned to respond to shifting market conditions.
Embracing the Hybrid Approach: Our Microservice Communication Layer Journey at Paxos
We are the Blockchain Team at Paxos. We want to decide what communication layer to use for our new microservice infrastructure.
A Seminal Moment for the Future of Finance
As the leading regulated blockchain infrastructure provider, we serve some of the largest enterprises in the world, power wallets for more than 400 million end users and enable tokenized settlement worth hundreds of billions of dollars. The introduction of PayPal USD (“PYUSD”) makes Paxos the global leader in tokenization.
PayPal Launches US Dollar-Backed Stablecoin
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/…
Paxos Comments on PYUSD
On August 7, 2023, PayPal announced the launch of PYUSD, a US dollar-backed stablecoin issued by Paxos Trust Company. Paxos CEO and Co-Founder Charles Cascarilla had the following comment: