Blog – CEO
Featured Articles
An Introduction to Paxos’ Stablecoin Payments Platform
Stablecoin Policy 101: State vs. Federal Regulation of Stablecoin Issuers
Prudent Regulation is Within Reach
Recent events in the digital asset marketplace have impacted the industry in ways that were difficult to fathom only months ago. As more facts come into focus, it’s an opportune time to reflect on the road ahead.
Paxos Testimony to US House of Representatives Committee on Financial Services – December 8, 2021
On December 8, I testified to the U.S. House of Representatives Committee on Financial Services regarding digital assets and the future of finance. I took
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.
The Five Attributes of Money, Part II: Openness, the Attribute that Matters Most
Of the five main attributes of money, openness is the most important one because it dictates the limit on how many participants comprise the network and therefore how much utility that network can serve. Today’s modern fiat banking system is the dominant system, yet it is still closed to billions of people around the world. Society stands to gain advantages in access, autonomy, privacy, greater innovation and lower fee structures with a more open system system.
Ensuring a Trustworthy Experience with Crypto
Trust is fundamental to the success of both crypto and blockchain. Hear from my perspectives on what it takes to build tomorrow’s financial infrastructure.
Why are Banks Finally Interested in Crypto?
Cryptocurrency is becoming an inevitable part of the financial system. The largest companies and central government entities are now invested too.
What Lehman Brothers, Gamestop and the Next Financial Crisis Have in Common
We are witnessing the fallout from an overwhelmed settlement system – but Paxos has a solution
Fueling Paxos’ Growth in 2021 and Beyond
Paxos has closed its Series C investment round and raised $142 million, bringing our total funding to more than $240 million.
PayPal & Paxos Bring Crypto to Millions of Users
Paxos is powering PayPal’s new service enabling its US users to buy, hold and sell cryptocurrency directly from their PayPal digital wallet.
The System for Clearing and Settling Equities Is Antiquated. This Is About to Change.
Paxos is upgrading clearing and settlement to meet the speed and efficiency of trading. Starting in the US with Street-side US equities settlement, Paxos has built a platform designed to alleviate market participants’ core concerns with the legacy infrastructure they rely upon today. Our solution, Paxos Settlement Service, is built with the latest technology and modern thinking about how financial infrastructure should operate.
The 5 Attributes of Money, Part I: What Makes Money Money
Ultimately, money is a very specific form of asset ledger that serves as a means of payment. The money ledger is foundational to a capitalist financial system as the unit of account that everything in the economy is denominated against and from which intertemporal decisions are made.
Paxos + Revolut Bring Crypto to the Masses
Lately, more and more mainstream consumer applications are adding digital assets to their offerings – from Square’s Cash app to Robinhood to Facebook’s Novi. We’re
Our Approach to Product Management
We’re a nimble, innovative company pursuing an ambitious mission to bring technology and product innovation to the regulated financial services industry by building the bridge to an open, decentralized financial system.
Introducing Paxos Settlement Service – Changing How U.S. Securities are Settled
Today I’m excited to announce that we’ve received No-Action relief from the SEC Staff to introduce the Paxos Settlement Service. Paxos Settlement Service is a
Introducing PAX Gold – physical gold on the digital blockchain
We are proud to introduce PAX Gold, the first regulated digital asset backed token that represents premium gold bars. Designed as an ERC-20 token, PAX