Blog

As the most regulated blockchain infrastructure platform, Paxos was founded on the principles of consumer protection and oversight. We constantly evaluate and update our compliance program to ensure it is well-positioned to respond to shifting market conditions.

As the leading regulated blockchain infrastructure provider, we serve some of the largest enterprises in the world, power wallets for more than 400 million end users and enable tokenized settlement worth hundreds of billions of dollars. The introduction of PayPal USD (“PYUSD”) makes Paxos the global leader in tokenization.

In the world of consumer finance, product success is a consequence of how easily customers can both use and take advantage of your product. Many companies are finding it increasingly important—as well as challenging—to retain their customers and cultivate both lasting relationships and customer loyalty.

The advent of blockchain technology and its diverse applications, including stablecoins and tokenization, has garnered substantial traction in recent years.

The arrival of digital assets in global markets has brought about unprecedented opportunities for decentralization, security, and the potential to help develop new markets.

Paxos’ pioneering stablecoin, USDP, provides an innovative contemporary solution by enabling regulated, seamless access to the esteemed US dollar.

Traditional payment rails, including credit cards and wire transfers, have long served as the backbone of the financial ecosystem. However, institutions and markets are now revising these methods to keep up with the digital landscape.

Since 2000, Brazil’s standing as a global economic power has risen steadily, with its GDP growing from $655B in 2000 to estimates north of $2T for 2023.

The digital asset industry has seen its share of failure and uncertainty over the last 18 months, sowing doubt in public perceptions around crypto, forcing the hand of regulators and muting the ecosystem’s overall growth.

From day one, Paxos’ approach to transparency has been to lead the industry and then evolve from there. We work with regulators to define what transparency means and how it looks. Most importantly, we continue to enhance transparency at every turn.

The European Union (EU) recently enacted the Markets in Crypto-Assets Regulation (MiCA) to demonstrate its commitment to fostering financial stability and safeguarding consumer interests. This legislation establishes a comprehensive and robust legal framework for regulating cryptocurrencies and other digital assets within the EU.

Paxos CEO Charles Cascarilla took part in a fireside chat with host Anish Shivdasani titled “The Potential for Tokenisation to Revolutionize Financial Services,” in which he summarizes his vision for the digital asset economy of the future.