Blog

BUSD Issued by Paxos on Ethereum vs. BUSD on the BNB Smart Chain

Dan Burstein April 7, 2022

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. 

Deploying Dollars on the Blockchain

Paxos March 28, 2022

Watch Paxos Engineering leaders Ilan Gitter and Brent Perreault go in-depth on what it takes to build a stablecoin and deploy it on the blockchain!

The State of Digital Assets in New York

Becky McClain March 14, 2022

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

Anoushka Rayner March 3, 2022

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.

Paxos Named to CBInsights Blockchain 50 List

Becky McClain March 1, 2022

For the second year in a row, Paxos has been named to CB Insights & Blockdata’s Blockchain 50 list! This distinguished list selects leading blockchain innovators based on factors such as business model, market potential, growth momentum and more. 

T+1 and T+0 are Possible Today if the SEC Opens the Market to Competition

Julia Bronson February 24, 2022

Paxos was founded with the belief that market infrastructure needs to be modernized and accelerated because there is too much risk inherent in core utilities as they exist today. That’s why Paxos has been working for years on a solution to shorten settlement. We’ve successfully built a solution called the Paxos Settlement Service that settles trades on T+2, T+1 and T+0 – really, settlement on any cycle. That means, with Paxos, T+1 and T+0 are available today, not next year.  

Hypergrowth vs. Tech Debt

Huw Rogers February 24, 2022

In the last several months, Paxos has hit a stage of development commonly known as “hypergrowth” due to the mainstream adoption of digital assets. Under heavy acceleration, tech companies need to rapidly evolve software systems from earlier-stage minimal viable products to enterprise-grade platforms that are scalable and reliable. These transformations are extremely challenging, and the challenges extend beyond software development to organizations as a whole.

2022 Paxos Crypto Survey

Paxos Survey Finds Consumers Want Easier Access to Crypto

Allison Whaley February 9, 2022

Crypto continues to trend towards mainstream adoption. To help quantify and better understand consumer behavior as it relates to crypto purchasing habits, Paxos conducted a statistically significant survey of crypto owners in late 2021.
Get a glimpse of the survey and key results here.

Paxos Master Class | Stablecoins 101

Allison Whaley January 20, 2022

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

Becky McClain January 12, 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.