Blog – News & Stories
Featured Articles
An Introduction to Paxos’ Stablecoin Payments Platform
Stablecoin Policy 101: State vs. Federal Regulation of Stablecoin Issuers
Charles Cascarilla Talks Crypto Price Action and Importance of Regulation on Bloomberg Crypto
When crypto markets are in upheaval, analysts turn to market experts to give perspective on current conditions. Charles Cascarilla turned from equity market investing to focus on crypto soon after the first bitcoin was mined.
“The Everything Bubble” – Hear Paxos CEO Charles Cascarilla’s Perspectives on the Current State of the Global Economy
Paxos has been at the forefront of crypto and blockchain technology since the market’s inception. However, Paxos was also founded with a deep understanding of and expertise in traditional financial services.
Crypto is Going Mainstream: Learn How to Launch it in Your Own Product
The largest institutions in the world now offer crypto products and capabilities to their customers, demonstrating that crypto is no longer a fleeting trend, but a mainstay in the global economy.
Understanding the Demise of UST and What Makes a Stablecoin Stable
Stablecoins are digital tokens backed by stable assets such as the US dollar, and were originally created for crypto investors to have an easy on- and off- ramp between fiat currencies and crypto. As stablecoin usage and market cap have increased, so has regulatory scrutiny. In particular, the reserve practices (or lack thereof) of various stablecoins have increasingly been in the spotlight – which brings us to the algorithmic stablecoin at the heart of the Terra ecosystem, UST.
Nubank Expands Crypto Market Access to Tens of Millions of Users – Powered by Paxos
Brazil based Nubank – one of the world’s largest digital banking platforms – announced today it will offer crypto buying, holding and selling capabilities powered by Paxos. We’re thrilled that another 50 million Brazilians will have seamless access to Bitcoin and Ethereum through the Nubank platform. Nubank’s move into crypto represents a strategic move for the company and will further accelerate adoption in the region.
Crypto Bahamas: Paxos CEO Charles Cascarilla Sits Down with CNBC’s Kate Rooney
The financial services industry and the digital asset ecosystem have converged. In the last year, there has been more institutional adoption of crypto than ever
The Rise of Stablecoins, Their Benefits to the Global Economy, and Reserve Practices
The adoption of stablecoins has accelerated rapidly in the last year, with the total outstanding balance of fiat-backed stablecoins reaching $154B as of March 2022.
Crypto.com Launches PAXG Price & News Page
As the demand for tokenized gold increases around the world – PAXG token volume increased 81% in Q1 alone – we are working hard to
Paxos at Bitcoin 2022 in Miami
Paxos is on a mission to redefine financial infrastructure by enabling the trustworthy, instantaneous movement of any asset at any time. Our blockchain-based infrastructure bridges
IEFA Conversation Series: Charles Cascarilla Sits Down with Matt Leising
Paxos CEO and Co-Founder Charles Cascarilla sat down with journalist Matt Leising to discuss how blockchain technology is changing the way money and value moves around the world. They also discussed how blockchain and digital assets will revolutionize the average person’s interactions with the financial system.
How Mercado Libre’s Crypto Wallet Reached 1M+ Users in 60 Days with Paxos
Last December, Mercado Pago, the financial services arm of Mercado Libre, launched the ability to buy, sell and hold bitcoin, ethereum and the Paxos-issued US
BUSD Issued by Paxos on Ethereum vs. BUSD on the BNB Smart Chain
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.
Paxos Infrastructure Will Power Crypto for Bank Leumi’s Israeli Customers
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.
The State of Digital Assets in New York
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.
Speed & Ease are More Crucial Than Ever When Buying Gold
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.