Paxos Makes it Possible
Paxos is proud to share a new campaign, “Paxos Makes it Possible”, representing a significant investment in Paxos, its vision, and our future.
PayPal USD (PYUSD) is now available on Venmo
**The following news update was issued by PayPal and can be found in their Newsroom.** PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term…
Paxos Regulated Stablecoin Platform Reaches Five-Year Milestone, Has Issued $120B+ in Stablecoins
Paxos, the leading provider of blockchain infrastructure for enterprises, celebrates the five-year anniversary of its regulated stablecoin platform. Over the past five years, the company has issued and redeemed more than $120 billion in USD-backed stablecoins across its offerings while setting the market standard for regulatory oversight.
PayPal Launches US Dollar-Backed Stablecoin
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/…
Paxos Comments on PYUSD
On August 7, 2023, PayPal announced the launch of PYUSD, a US dollar-backed stablecoin issued by Paxos Trust Company. Paxos CEO and Co-Founder Charles Cascarilla had the following comment:
Focusing on our Enterprise Platform and Retiring Legacy itBit Services
Paxos is further streamlining the platform to focus service on our core enterprise clients. Starting August 30, 2023, we will deprecate retail services for users on the itBit Exchange whose accounts are inactive or have little to no balance.
Paxos Partners with Mercado Pago to Open Access to Pax Dollar (USDP) for Mexican Customers
Paxos, the regulated blockchain infrastructure platform for enterprises, and Mercado Libre’s Mercado Pago, Latin America’s leading online payments platform, have announced that Paxos’ regulated US dollar-backed stablecoin, Pax Dollar (USDP), will now be available to all Mercado Pago users in Mexico.
Paxos Settlement Service Delivers 300% ROI as Trading Volumes and Interest Rates Surge
NEW YORK & LONDON – JUNE 15 , 2023 – Paxos, the regulated blockchain infrastructure platform for enterprises, continues driving value for its commodities market clients through its Post-Trade and…
Paxos Offers Brazilian & Latin American Enterprises Safe, Regulated Access to Digital Assets
Paxos, the regulated blockchain infrastructure and tokenization platform for enterprises, continues driving the growth of digital assets in Brazil and broader Latin America through its partnerships with leading local, regional, and global enterprises.
Fierce Chooses Paxos to Power Digital Asset Buy, Sell & Hold Capabilities
NEW YORK – MAY 4, 2023 – Paxos, the regulated blockchain infrastructure platform for enterprises, and Fierce, the innovative financial super app that empowers individuals to leverage the best of…
Paxos Debuts Whitepaper – “How the Crypto Winter May Help Save the Digital Asset Economy”
Paxos, the regulated blockchain infrastructure platform, has launched its How the Crypto Winter May Help Save the Digital Asset Economy whitepaper. Bringing together insights from Paxos’ leadership team and insiders from cryptocurrency market data provider Kaiko, How the Crypto Winter May Help Save the Digital Asset Economy provides a look under the hood of the crypto industry following historic disruptions at the close of 2022 and beginning of 2023.
Paxos Infrastructure Powers More Than Ten Million Active Digital Wallets Globally
Paxos, the regulated blockchain and tokenization infrastructure platform, crossed ten million active end user digital wallets globally. Despite widespread market uncertainty, Paxos has demonstrated clear growth through customer-backed support.