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Until recently, crypto owners who purchased the assets through fintech apps were somewhat limited in how they could utilize their digital assets.

There are many theories as to when blockchain technology and crypto potentially become as familiar to us as ATMs and credit cards.

As DeFi and cryptocurrency markets continue to inch their way toward the mainstream financial system, the tokenization of real-world assets and other financial instruments has emerged as one of the hottest trends.

This week, a blog post created some confusion around how Paxos approaches sanctions and the recent market activity around Tornado Cash. We’d like to provide some clarity. 

When it comes to the potential of crypto, some see it as a futuristic concept that’s going to transform the financial landscape. Yet despite accelerating

Paxos is a foundational contributor to the fast-growing, mainstream adoption of digital assets. To achieve our mission of creating an open, digital economy, Paxos utilizes Ethereum, a decentralized, open-source blockchain with smart contract capabilities. 

Digital assets are on course to revolutionize the consumer payments landscape by making financial markets global, accessible, instantaneous and available 24/7. The promise of this asset class and technology is significant, but the shift to a tokenized economy will not take place overnight.

As Latin America’s leading e-commerce technology company, Mercado Libre is focused on democratizing access to commerce and financial services in a region with a high percentage of underbanked individuals.