We have posted an updated version of our privacy policy that is effective August 29, 2023. You can review the updated version of our privacy policy here.
Operation reinforces the company's presence in the crypto universe, boosting its development and adoption in the region. Paxos powers the Mercado Pago cryptocurrency transaction experience for its Brazilian users. MONTEVIDEO,…
We believe the future of finance will be powered by tokenized financial market infrastructure. Paxos aspires to enable all asset holders - from the largest financial institutions to the individual consumer - to transact assets with the highest levels of trustworthiness, transparency and speed. If last year was the tip of the iceberg, 2022 will reveal the prime time adoption of digital assets and financial services.
On December 8, I testified to the U.S. House of Representatives Committee on Financial Services regarding digital assets and the future of finance. I took this opportunity to share the…
MercadoPago will offer its Brazilian customers the opportunity to buy, sell and hold Bitcoin, Ethereum and the Paxos-issued US dollar-backed stablecoin USDP. The offering is fully powered by Paxos’ leading blockchain infrastructure and our turnkey solution powering crypto for the largest tech companies and financial institutions in the world.
Custody is a commonly used term in financial services and refers to the holding and safekeeping of assets, such as dollars or gold. Crypto custody is about holding cryptographic keys (which you can think of as passwords that unlock crypto wallets), and is typically handled through “cold” or “hot” wallets.
October 2021 marked the first time Paxos hosted a booth Money20/20 USA - the preeminent conference that brings leaders from financial institutions and technology providers to Las Vegas in order to learn more about what the future of fintech holds.
USDP, Paxos’ leading regulated stablecoin backed 100% by cash and cash equivalents, is the inaugural stablecoin available in Facebook’s pilot of the Novi digital wallet launched today. This news represents a tide shift in digital assets, as it’s the first time that stablecoins are readily available in a consumer wallet outside of the crypto ecosystem.
Paxos' regulated blockchain infrastructure platform powers Mastercard's stablecoin settlement pilot.
Paxos powers the only safe, regulated and liquid stablecoins that are always 100% backed 1:1 by US Dollars. Paxos has a primary regulator and is held to higher standards than other operators. Licensing and registration does not equal regulation.
Paxos Raises $300 Million in Series D Funding at $2.4 Billion Valuation
I am excited to announce that Mike Dudas will join Paxos on February 9 as VP, Head of Stablecoin Business Development. We’ve known Mike for some time as the founder and…
Paxos Adopts Chainlink Oracles to Further Adoption of PAX and PAXG in DeFi
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