Mint and Redeem Paxos Issued Stablecoins
Mint and Redeem
Paxos-Issued Stablecoins
Institutions can access PayPal USD (PYUSD) and Pax Dollar (USDP) with zero fees, unlimited liquidity and 1:1 redemption by setting up an institutional account with Paxos
PAXOS-ISSUED STABLECOINS ARE TRUSTED BY
DIRECT ACCESS TO PYUSD & USDP
Enjoy primary market perks
Paxos is the regulated issuer of PayPal USD (PYUSD) and Pax Dollar (USDP). Avoid extra fees, enjoy unlimited liquidity and count on 1:1 redemption (that is always available) when you access PYUSD and USDP directly with Paxos.
Free to mint & redeem
Zero fees to mint or redeem Paxos-issued stablecoins PYUSD and USDP.
Unlimited liquidity
Enjoy the speed and flexibility of a primary marketplace. When you go with Paxos - the issuer of PYUSD and USDP - you tap into our seamless stablecoin operations and unlimited liquidity.
1:1 redemption, always available
PYUSD and USDP reserves are held 100% in US dollar deposits, US treasuries and cash equivalents – meaning that customer funds are always available for 1:1 redemption with Paxos.
The Paxos-issued reserve reports and attestations for PayPal USD and USDP are published monthly.
Legally protected, fully backed stablecoins
Paxos-issued stablecoins are backed by 1:1 redemption, held bankruptcy-remote and regulated by the New York Department of Financial Services.
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