Blog – News & Stories

Decentralized finance, or DeFi, has emerged as one of the most innovative and transformative areas in the financial technology sector.

Today’s blockchain industry is more nuanced than the “public vs. private” binary. It encompasses a spectrum of solutions, each with unique advantages and considerations.

A key reason for stablecoin’s surge in global popularity is its stability. Trust is intrinsic to that stability — users must know that a stablecoin will maintain its peg.

Global adoption of digital assets is still in its initial phases. Yet, in 2024, financial enterprises are progressing from initial interest in digital assets to considering them integral to their business strategy.

As a remote-first company, Paxos employees further our mission from all around the world. Recently, we visited Singapore to chat with Manek Shah to learn more about the important work he’s doing on the Data and Analytics team.

Yellow Card was the first fintech in Africa to list PayPal USD (PYUSD). Yellow Card is the largest licensed stablecoin on-and-off ramp for 20 countries in Africa, making it easy to access currencies like USD via stablecoins like PYUSD.

Last month, Paxos announced it adopted Chainlink’s PayPal USD (PYUSD) price feed, allowing users to view highly accurate, reliable and decentralized market data for PYUSD on the blockchain.

Welcome to Path to Paxos, a blog series showcasing stories from Paxonians, including how they got here, what they’re working on and why the Paxos mission matters to them.

Welcome to Career Pivots, a blog series showcasing stories from Paxonians who took advantage of Paxos’ internal mobility program to make the switch from one

In a groundbreaking collaboration, Pundi X (a global blockchain-powered point-of-sale solution developer) and Scoin (the largest physical gold coin exchange in Africa) have partnered to bring PAXG to the South African market.

PayPal USD (PYUSD) launched just six months ago, and it has already become one of the fastest growing stablecoins ever, having gained global market traction with huge growth in market cap as exchanges, wallets, fintechs and more add PYUSD to their platforms.

Paxos has achieved yet another industry first by integrating its stablecoin USDP onto the Solana blockchain. 

It makes Paxos’ platform the first and only multi-chain, multi-jurisdictionstablecoin platform.

Blockchain, once overlooked in the shadow of cryptocurrency, is now a powerhouse player in its own right with implications far beyond the financial sector.

Asset security is crucial in digital finance, serving as a cornerstone for long-term trust and transparency.