Starting today, Paxos stablecoins Paxos Standard (PAX) and Binance USD (BUSD) will be available for payments with the Gilded platform. Gilded is an open finance network for businesses. It provides easy-to-use invoicing, payments, and accounting services powered by blockchain for companies around the world. By using stablecoins to make and receive payments, businesses of all kinds can get their money faster and without the high fees of traditional payments networks. 

Walter Hessert, Corporate Strategy for Paxos, said about the news, “Stablecoins will change how payments are made around the world. By partnering with Gilded, we’re making it possible for businesses to use PAX and BUSD in everyday invoicing. We’re excited that Gilded is a part of expanding the practical use cases for Paxos stablecoins.”

Gilded’s platform is simple and works seamlessly with existing accounting and payments processes. Finance teams will never be bogged down in complex technology or incompatible code. And when you use PAX or BUSD to make payments, you’ll know exactly when your partner receives payment since it’s recorded on the blockchain. Take a look at just how easy it is to pay an invoice with BUSD!   

"We're perfectly aligned with Paxos' mission of creating a global, frictionless economy," says Gil Hildebrand, CEO of Gilded. "Paxos is a regulated financial service provider that businesses can trust. Our Paxos collaboration finally unlocks the ability for businesses to use digital currency for real-time payments."

Reduce fees and cut the time it takes to conduct business. Start paying with PAX and BUSD on Gilded today.