Understanding Paxos’ Support of Ethereum’s Transition to Proof of Stake

Paxos is a foundational contributor to the fast-growing, mainstream adoption of digital assets. To achieve our mission of creating an open, digital economy, Paxos utilizes Ethereum, a decentralized, open-source blockchain with smart contract capabilities. 

Continue ReadingUnderstanding Paxos’ Support of Ethereum’s Transition to Proof of Stake

Paxos Partners with PicPay to Power Access to Digital Assets for Brazilian Consumers

Digital assets are on course to revolutionize the consumer payments landscape by making financial markets global, accessible, instantaneous and available 24/7. The promise of this asset class and technology is significant, but the shift to a tokenized economy will not take place overnight.

Continue ReadingPaxos Partners with PicPay to Power Access to Digital Assets for Brazilian Consumers

Paxos faz parceria com PicPay para oferecer acesso a ativos digitais para clientes brasileiros

Os ativos digitais estão em via de revolucionar o cenário de pagamentos dos clientes, tornando os mercados financeiros globais acessíveis, instantâneos e sempre disponíveis. A promessa dessa tecnologia e classe…

Continue ReadingPaxos faz parceria com PicPay para oferecer acesso a ativos digitais para clientes brasileiros

Transparency and Trust in Paxos-Issued Stablecoins

The most important features of any financial product are its clarity, certainty and transparency. These features define both its utility and its safety. In the case of stablecoins, users should know what they own and outside observers should have a window into the activities of any firm holding reserves. Paxos follows the NYDFS guidelines for portfolio management at all times.

Continue ReadingTransparency and Trust in Paxos-Issued Stablecoins

“We Don’t Want Financial Instability, We Want Financial Innovation”: Paxos CEO Charles Cascarilla on NY1

The current market environment has exposed that many of the blockchain-related developments of the last years are no different than the risky financial products of the past. Opaque leverage is to blame in many crypto crashes, just like it was to blame in the financial crisis of 2008.

Continue Reading“We Don’t Want Financial Instability, We Want Financial Innovation”: Paxos CEO Charles Cascarilla on NY1

New Report: What Today’s Retail Investors Think About Gold

Paxos surveyed 1,000 adults in the US, UK, Singapore and Germany who have purchased some form of gold – be it ETFs, physical bars, gold coins or tokenized gold in the past two years – to understand their attitudes about the market, their motivations, and their thoughts on the future. 

Continue ReadingNew Report: What Today’s Retail Investors Think About Gold

Deciphering the Market: Charles Cascarilla Breaks Down Crypto Volatility on CNBC’s Squawk on the Street

On June 17, 2022, Paxos CEO & Co-Founder Charles Cascarilla joined CNBC’s David Faber and Carl Quintanilla to break down crypto markets. Listen to Charles’ perspective and why he think Paxos is well-positioned to succeed.

Continue ReadingDeciphering the Market: Charles Cascarilla Breaks Down Crypto Volatility on CNBC’s Squawk on the Street

Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins

Paxos was the first Limited Purpose Chartered Trust for Digital Assets from NYDFS in 2015 NEW YORK – June 8, 2022 – Paxos, the leading regulated blockchain infrastructure platform, issued…

Continue ReadingPaxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins