Tokenization and Cross-Border Payments
Cross-border payments, or currency transactions between people and businesses from different countries, are ripe for innovation.
Cross-border payments, or currency transactions between people and businesses from different countries, are ripe for innovation.
In my previous post, I outlined the Paxos vision for Web3 technologies and how our engineers are building infrastructure for the future financial system. This long-term vision comes with an understanding that the best has yet to come and our systematic regulation-first approach will yield results in the not-so-distant future.
Last December, Mercado Pago, the financial services arm of Mercado Libre, launched the ability to buy, sell and hold bitcoin, ethereum and the Paxos-issued US dollar-backed stablecoin USDP in the…
On June 30, 2020, Paxos CEO & Co-Founder Charles Cascarilla testified to the US Senate Banking, Housing and Urban Affairs Committee at its hearing “The Digitization of Money And Payments.”
The Paxos account dashboard functions as a hot wallet. Here, you can hold or withdraw your crypto assets with confidence.
New Developer Tools Enable Seamless Movement between Traditional and Digital Assets Binance is First to Utilize Fiat Gateway NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Paxos Trust Company, the regulated financial institution that…
Binance USD (BUSD) is a new USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) that will be launched in partnership with Paxos and Binance.
Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. The week of September 16 it will…
Paxos is the USD custodian and issuer of BUSD.
BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit…