Fostering trust through verification
As the first regulated blockchain infrastructure platform, Paxos has a policy commitment to ensuring up-to-date attestation reports are publicly available.
In keeping with that commitment, Paxos publishes two distinctly different documents each month.
Paxos Reports
In order to release information promptly to the public, Paxos self-reports its portfolio composition 5 business days after month’s end; these reports have not been subjected to independent review.
Attestations
*
Attestation reports are issued by WithumSmith+Brown, PC, an independent third-party accounting firm. Withum’s examination is conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).
*WithumSmith+Brown, PC is an independent third-party accounting firm. Their appointment as Paxos’ examination provider has been approved by Paxos’ prudential regulator, the New York Statement Department of Financial Services, as detailed in Section 3 of their Dollar-Backed Stablecoins guidance.
Regulation and transparency
Technology built within global regulatory structures
As a regulated financial institution, Paxos maintains a deep commitment to stringent risk management and due diligence practices.
We publish monthly reserve reports on Paxos-issued digital assets to ensure full transparency and reliability of our financial data.
