The regulated stablecoin built for enterprises

Fully backed. Legally protected. Always available.

Build USDP into your workflow

Settlement

Access 24/7 settlement 

Improve cash flow and reduce operational costs for merchants by using USDP to reduce settlement risk, improve processing time and  lower costs associated with payment services. 

Payments & remittances

Send USD globally

USDP can be sent to anyone with an internet connection and mobile device – at a fraction of the cost and faster than traditional wire transfers.

Reserves & liquidity 

Improve liquidity & gain access to crypto 

With USDP, institutions can hold blockchain-based cash reserves in USD for greater liquidity and access to the crypto trading ecosystem.

USDP and Mercado Libre

Mercado Libre offers USDP in their crypto solution to give their consumers secure access to USD.

USDP: The world’s leading regulated stablecoin

Regulated

Highest standards of consumer protection

Paxos’ issued stablecoin USDP is subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.

Transparent

1:1 redemption, always available

USDP reserves are held 100% in cash and US treasuries, meaning customer funds are always available for 1:1 redemption.

Secure

Assets held bankruptcy remote, fully segregated

Under New York banking law, in the event of Paxos Trust’s insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote in segregated accounts.

USDP is built to keep your customer’s assets safe

Comparing a regulated custodian with a trust charter like Paxos vs. stablecoin issuers with money transmitter license (MTL) registrations.

Trust Charter

Money Transmitter License

Qualified custodian

Required to hold customer funds segregated from company funds

Holds all client assets bankruptcy remote by law*

Cannot use customer funds to facilitate other business

*This is a distinguishing feature of Paxos’ USDP stablecoins from MTL-based and unregulated stablecoin issuers. If MTL-based and unregulated stablecoin issuers become insolvent, customers would become exposed to delays, and courts could determine customer assets belong to the senior creditors of the issuer’s bankruptcy estate.

USDP is built to keep your customer’s assets safe

Comparing a regulated custodian with a trust charter like Paxos vs. stablecoin issuers with money transmitter license (MTL) registrations.

Qualified custodian

Trust charter

MTL

Required to hold customer funds segregated from company funds

Trust charter

MTL

Holds all client assets bankruptcy remote by law*

Trust charter

MTL

Cannot use customer funds to facilitate other business

Trust charter

MTL

*This is a distinguishing feature of Paxos’ USDP stablecoins from MTL-based and unregulated stablecoin issuers. If MTL-based and unregulated stablecoin issuers become insolvent, customers would become exposed to delays, and courts could determine customer assets belong to the senior creditors of the issuer’s bankruptcy estate.

 

Monthly Attestations

USDP is reviewed by a top-ranking auditing firm on a monthly basis to verify its supply matches the reserve of US Dollars. We make every report available – because your money matters.

Get started with USDP

Contact our team to learn how your enterprise can use the the safest, most regulated digital dollar available.