Author: Paxos

In our recently published 2023 Enterprise Digital Asset Adoption Survey report, 99% of all financial services companies said they are pursuing a blockchain solution. 

Money 20/20, a popular global event in the financial technology industry, earned its reputation as a premier platform for exploring groundbreaking concepts and advancements toward the future of finance.

Navigating a New Financial Infrastructure, the latest episode of the American Banker’s podcast series, features Richard Rosenthal, Principal, Deloitte & Touche LLP and Walter Hessert, Head of Strategy, Paxos, discussing the benefits of digital assets and the future of finance.

Mastercard and Paxos have a history of successful partnerships, so when executives from both companies recently teamed up for an episode of Breaking Banks, the #1 global fintech radio show and podcast hosted by Brett King, industry experts were listening.

For years, early crypto and blockchain evangelists touted the benefits of blockchain as a way toward increased transparency, accessibility and efficiency within the financial system.

In today's evolving financial landscape, digital assets have transcended niche markets to become a global phenomenon. Digital asset adoption and use may vary from nation to nation, but millions of people already understand their value.

For over a decade, Paxos CEO Charles Cascarilla has been executing on his vision of building financial market infrastructure that underpins a more transparent, secure and open financial system. Along the way, Charles has seen bad actors come and go and two crypto winters, but these events only emboldened his vision.

The landscape of technological innovation is at a critical juncture, experiencing a paradigm shift that could fundamentally change the trajectory of the financial sector.

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.