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State-regulated trusts, particularly those issuing and managing U.S. dollar stablecoins, offer the most conservative model for asset protection.

Paxos announced Global Dollar (USDG), a new US dollar-backed stablecoin, and Global Dollar Network (GDN), an innovative ecosystem designed to accelerate stablecoin adoption.

At Paxos, we have a mission to open the financial system by making it possible to move assets instantly, in a trustworthy way. We’ve long

In the second edition of “Stablecoin Policy 101,” we take a close look at the landscape for stablecoin regulation in the United States, examining state versus federal regulation of stablecoin issuers and the impact each regulatory pathway has on consumers and the broader market.

Stablecoins are a class of cryptocurrency pegged to a stable value, such as the U.S. dollar. The market capitalization of stablecoins has swelled to the hundreds of billions of dollars and with it, so has the noise around this relatively new asset class.

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!

Decentralized finance, or DeFi, has emerged as one of the most innovative and transformative areas in the financial technology sector.

Today’s blockchain industry is more nuanced than the “public vs. private” binary. It encompasses a spectrum of solutions, each with unique advantages and considerations.

A key reason for stablecoin’s surge in global popularity is its stability. Trust is intrinsic to that stability — users must know that a stablecoin will maintain its peg.

Global adoption of digital assets is still in its initial phases. Yet, in 2024, financial enterprises are progressing from initial interest in digital assets to considering them integral to their business strategy.

As a remote-first company, Paxos employees further our mission from all around the world. Recently, we visited Singapore to chat with Manek Shah to learn more about the important work he’s doing on the Data and Analytics team.

Yellow Card was the first fintech in Africa to list PayPal USD (PYUSD). Yellow Card is the largest licensed stablecoin on-and-off ramp for 20 countries in Africa, making it easy to access currencies like USD via stablecoins like PYUSD.

Last month, Paxos announced it adopted Chainlink’s PayPal USD (PYUSD) price feed, allowing users to view highly accurate, reliable and decentralized market data for PYUSD on the blockchain.