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Mint and Redeem
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.
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.
PayPal USD (PYUSD) is PayPal’s stablecoin, issued by Paxos
Pax Dollar (USDP) is Paxos’ stablecoin, issued since 2018
Ready to get started?