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Meet Manek Shah, a Paxos Data Analyst based in Singapore
PayPal USD Helps Reduce Transaction Fees in Africa
Paxos Testimony to US House of Representatives Committee on Financial Services – December 8, 2021
On December 8, I testified to the U.S. House of Representatives Committee on Financial Services regarding digital assets and the future of finance. I took
Same-Day Settlement: A Misunderstood Opportunity
This conflation in many people’s minds of T+0, Real-Time Gross Settlement (RTGS), and atomic settlement demonstrates just how misunderstood this topic really is. To be clear, T+0 simply means settlement on the same day as the trade, RTGS means settlement at the time of trading, and atomic settlement is the transfer of securities against cash (ie: delivery vs payment) at any settlement time. All of these should be embraced as opportunities that can create efficiencies, cut costs and protect our system from future market failures.
MercadoLibre is Creating the Biggest Crypto Market in Latin America – Paxos Powers the Experience
MercadoPago will offer its Brazilian customers the opportunity to buy, sell and hold Bitcoin, Ethereum and the Paxos-issued US dollar-backed stablecoin USDP. The offering is fully powered by Paxos’ leading blockchain infrastructure and our turnkey solution powering crypto for the largest tech companies and financial institutions in the world.
Paxos CEO Discusses Crypto, Blockchain and Future of Finance
During the 2021 Money20/20 conference, Paxos CEO and Co-Founder Charles Cascarilla spoke with Paxos board member and investor, Patricia Kemp of Oak HC/FT during a fireside chat.
Introducing Prex Crypto, Powered By Paxos
We’re proud to share that Prex – a leading Latin American digital banking platform providing financial products and services – will soon offer cryptocurrency buying, selling and holding capabilities for their 700,000 Uruguayan customers, with additional markets coming in 2022.
Crypto 101: What is Crypto Custody?
Custody is a commonly used term in financial services and refers to the holding and safekeeping of assets, such as dollars or gold. Crypto custody is about holding cryptographic keys (which you can think of as passwords that unlock crypto wallets), and is typically handled through “cold” or “hot” wallets.
Crypto-Curious? Your Business Can Benefit
In one year alone, the size of the crypto market has grown 537%. You’d be hard pressed to find another market that has grown so quickly and has captured the attention of both retail and institutional investors.
Crypto 101: What is Bitcoin?
Last last night, on November 8, 2021, Bitcoin hit an all-time price high of $68,521. In the very short span of 12 years, Bitcoin has entered the world and become one of the most attractive assets as a store of value. But what actually is Bitcoin? Let’s take a moment to review!
Paxos at Money20/20 in 2021
October 2021 marked the first time Paxos hosted a booth Money20/20 USA – the preeminent conference that brings leaders from financial institutions and technology providers to Las Vegas in order to learn more about what the future of fintech holds.
USDP Chosen for Novi Pilot
USDP, Paxos’ leading regulated stablecoin backed 100% by cash and cash equivalents, is the inaugural stablecoin available in Facebook’s pilot of the Novi digital wallet launched today. This news represents a tide shift in digital assets, as it’s the first time that stablecoins are readily available in a consumer wallet outside of the crypto ecosystem.
Adding Crypto to Your App? Here’s What You Need to Know
Paxos has been working in crypto since the early days. We built the first institutional Bitcoin exchange and we’ve been growing our regulated product capabilities ever since. We’re building the regulated financial market infrastructure that multinational enterprises with billions in customer assets and global reputations to protect rely upon. We’re seasoned crypto experts and help partners navigate the complexity of jumping into crypto markets.
How much is too much? The usual answer: “What’s it worth to you?”
Everything is energy, including money, which is just a fungible form of energy. If energy is the ability to do work, money is the fungible ability to make like-for-like decisions about whether to consume energy today or defer consumption by investing that energy.
“Trust is not an option – it’s a requirement” – Paxos Explains its Unique Approach to Pioneering a New Market
At Paxos, our mission is to build the foundation for a financial system where all assets, from money to commodities to securities, can be digitized and moved securely and instantly. Cryptocurrencies and digital assets represent a “brave new world” in financial services. But just because something is new, does not mean it cannot be trusted. Paxos— a highly regulated financial institution with regulated product lines—was created to address this challenge head- on.
Crypto 101: The History of Bitcoin and Cryptocurrency
This article is the first in a six-part series about the basics of crypto from Paxos. Stay tuned for more lessons on the world of
Paxos Supports Interactive Brokers’ Journey into Crypto Markets
In the last year, the interest in cryptocurrencies has exploded. Now, more than ever, people want access to this new asset class through their trusted intermediaries. Sophisticated investors see the value in diversifying portfolios by tapping into new technology.