Paxos Master Class | Stablecoins 101

On December 14 2021, Paxos hosted a master class on stablecoins to share the key information businesses need to know about stablecoins and how they’ll impact the future of finance.

2021 Was Just The Beginning: Paxos Will Accelerate Mainstream Digital Asset Adoption in 2022

We believe the future of finance will be powered by tokenized financial market infrastructure. Paxos aspires to enable all asset holders – from the largest financial institutions to the individual consumer – to transact assets with the highest levels of trustworthiness, transparency and speed. If last year was the tip of the iceberg, 2022 will reveal the prime time adoption of digital assets and financial services.

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. 

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.