Blog
Featured articles
“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

Don’t Let Market Volatility & Headlines Dissuade You – Web 3.0 is Still the Most Exciting Space and Presents the Biggest Opportunity
Paxos is a regulated blockchain infrastructure provider and we’re focused on building the platform that will power the future of finance. We’re committed to continuing to grow our team, with most hiring efforts focused in the Product and Engineering functions.

“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.

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.

Paxos Engineers Take Consensus!
Paxos Software Engineers, Liz Rodan and Aileen Huang, chose to use part of their L&D budget to attend Consensus, one of the largest events for crypto, investing, NFTs, DeFi, regulation, Web 3 and the metaverse in Austin, TX.

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.

Paxos Was Built to Protect its Customers
Paxos Trust Company LLC (“Paxos Trust”) is a regulated financial institution with a primary prudential regulator, which means that every aspect of our operations –

Everything Old is New Again
When I started my career in finance, one of the first realizations I had was that almost nothing was new. A “new” product in finance was almost always a resurrection of an old product or a retrofitting of an existing product to a new application. Truly new products were exceptionally rare.

Offer Your Clients a Comprehensive Wealth Management Solution: Introducing Financial Advisor Crypto Trading for Broker-Dealers
In 2021, survey data revealed that only 15% of financial advisors were allocating crypto in client accounts. But 94% of financial advisors received questions about crypto from clients.

Charles Cascarilla Talks Crypto Price Action and Importance of Regulation on Bloomberg Crypto
When crypto markets are in upheaval, analysts turn to market experts to give perspective on current conditions. Charles Cascarilla turned from equity market investing to focus on crypto soon after the first bitcoin was mined.

“The Everything Bubble” – Hear Paxos CEO Charles Cascarilla’s Perspectives on the Current State of the Global Economy
Paxos has been at the forefront of crypto and blockchain technology since the market’s inception. However, Paxos was also founded with a deep understanding of and expertise in traditional financial services.

Crypto is Going Mainstream: Learn How to Launch it in Your Own Product
The largest institutions in the world now offer crypto products and capabilities to their customers, demonstrating that crypto is no longer a fleeting trend, but a mainstay in the global economy.

Understanding the Demise of UST and What Makes a Stablecoin Stable
Stablecoins are digital tokens backed by stable assets such as the US dollar, and were originally created for crypto investors to have an easy on- and off- ramp between fiat currencies and crypto. As stablecoin usage and market cap have increased, so has regulatory scrutiny. In particular, the reserve practices (or lack thereof) of various stablecoins have increasingly been in the spotlight – which brings us to the algorithmic stablecoin at the heart of the Terra ecosystem, UST.

Nubank Expands Crypto Market Access to Tens of Millions of Users – Powered by Paxos
Brazil based Nubank – one of the world’s largest digital banking platforms – announced today it will offer crypto buying, holding and selling capabilities powered by Paxos. We’re thrilled that another 50 million Brazilians will have seamless access to Bitcoin and Ethereum through the Nubank platform. Nubank’s move into crypto represents a strategic move for the company and will further accelerate adoption in the region.

Crypto is the Future & Paxos is Charting the Course for its Mainstream Adoption – That’s Why I Left Legacy Finance
Important lessons learned from 2008 can and should be applied to digital assets today. That’s how we’ll ensure the open, digital economy is built to withstand tests of volatility, uncertainty, complexity and ambiguity. Transparency into the entire system is needed so we can more critically evaluate promises of stability. That’s how a well-designed, inclusive digital asset ecosystem built to withstand shocks will emerge and flourish. In short, crypto really is the future. And the most killer application of blockchain yet is the stablecoin.

Crypto Bahamas: Paxos CEO Charles Cascarilla Sits Down with CNBC’s Kate Rooney
The financial services industry and the digital asset ecosystem have converged. In the last year, there has been more institutional adoption of crypto than ever

Consumer Crypto Adoption Accelerates in LatAm: Impesa Chooses Paxos Crypto Brokerage to Add Crypto Services for Costa Rican Customers
The trend may have kicked off in El Salvador with Bitcoin becoming legal tender, but the mainstream adoption of digital assets is only accelerating across

The Rise of Stablecoins, Their Benefits to the Global Economy, and Reserve Practices
The adoption of stablecoins has accelerated rapidly in the last year, with the total outstanding balance of fiat-backed stablecoins reaching $154B as of March 2022.

Paxos Destination: Ireland
Paxos is on a mission to enable the movement of any asset, any time, in a trustworthy way. To complete this mission, we are continuing to grow our remote-first team while establishing a presence in new locations. Next stop – Ireland!

Crypto.com Launches PAXG Price & News Page
As the demand for tokenized gold increases around the world – PAXG token volume increased 81% in Q1 alone – we are working hard to

Paxos at Bitcoin 2022 in Miami
Paxos is on a mission to redefine financial infrastructure by enabling the trustworthy, instantaneous movement of any asset at any time. Our blockchain-based infrastructure bridges

IEFA Conversation Series: Charles Cascarilla Sits Down with Matt Leising
Paxos CEO and Co-Founder Charles Cascarilla sat down with journalist Matt Leising to discuss how blockchain technology is changing the way money and value moves around the world. They also discussed how blockchain and digital assets will revolutionize the average person’s interactions with the financial system.

How Mercado Libre’s Crypto Wallet Reached 1M+ Users in 60 Days with Paxos
Last December, Mercado Pago, the financial services arm of Mercado Libre, launched the ability to buy, sell and hold bitcoin, ethereum and the Paxos-issued US

BUSD Issued by Paxos on Ethereum vs. BUSD on the BNB Smart Chain
NYDFS. These two tokens are very similar in design and reserve operations because they are regulated. Paxos and NYDFS agreed to the terms of the token in advance of issuing – this includes the stipulation that USDP and BUSD only be issued by Paxos on the ethereum blockchain at this time.

Paxos Infrastructure Will Power Crypto for Bank Leumi’s Israeli Customers
We’re excited Bank Leumi is the first Israeli bank to offer this capability to consumers and have chosen our platform to enable their solution.

Deploying Dollars on the Blockchain
Watch Paxos Engineering leaders Ilan Gitter and Brent Perreault go in-depth on what it takes to build a stablecoin and deploy it on the blockchain!

The State of Digital Assets in New York
Hear what Paxos CEO Charles Cascarilla thinks of continued crypto and blockchain in New York. He sat down with NY1 on March 10, 2022 to cover dynamics in New York state and also highlighted the importance of the Executive Order for digital assets issued by the Biden Administration.

Speed & Ease are More Crucial Than Ever When Buying Gold
Gold has always been a safe haven asset. When markets and geopolitical situations are unpredictable, investors flock to gold to minimize risk. Gold is a global asset independent from any fiat currency or government, it is a universally attractive store of value and it is timeless. And with gold-backed digital assets (like PAX Gold), it is now easier and faster than ever to get physical investment-grade gold.

Paxos Named to CBInsights Blockchain 50 List
For the second year in a row, Paxos has been named to CB Insights & Blockdata’s Blockchain 50 list! This distinguished list selects leading blockchain innovators based on factors such as business model, market potential, growth momentum and more.

T+1 and T+0 are Possible Today if the SEC Opens the Market to Competition
Paxos was founded with the belief that market infrastructure needs to be modernized and accelerated because there is too much risk inherent in core utilities as they exist today. That’s why Paxos has been working for years on a solution to shorten settlement. We’ve successfully built a solution called the Paxos Settlement Service that settles trades on T+2, T+1 and T+0 – really, settlement on any cycle. That means, with Paxos, T+1 and T+0 are available today, not next year.

Hypergrowth vs. Tech Debt
In the last several months, Paxos has hit a stage of development commonly known as “hypergrowth” due to the mainstream adoption of digital assets. Under heavy acceleration, tech companies need to rapidly evolve software systems from earlier-stage minimal viable products to enterprise-grade platforms that are scalable and reliable. These transformations are extremely challenging, and the challenges extend beyond software development to organizations as a whole.

Crypto as a Wealth Accumulation Vehicle – Paxos on NASDAQ Trade Talks with Jill Malandrino
Crypto is not just for early adopters anymore. Everyday consumers are approaching crypto as an opportunity to add value to their portfolios in the long-term.

Introducing the Travel Rule Universal Solution Technology (“TRUST”)
We are proud to announce the launch of the Travel Rule Universal Solution Technology (TRUST), an industry-driven solution designed to comply with a requirement known

Paxos Survey Finds Consumers Want Easier Access to Crypto
Crypto continues to trend towards mainstream adoption. To help quantify and better understand consumer behavior as it relates to crypto purchasing habits, Paxos conducted a statistically significant survey of crypto owners in late 2021.
Get a glimpse of the survey and key results here.

Paxos Welcomes Ben Gray as Global General Counsel as it Targets Powering One Billion Consumer Wallets in 2022
In February 2022, Paxos welcomed Ben Gray as its new Global General Counsel. Ben joins Paxos from Block (formerly Square) where he was Global General

Paxos CEO Charles Cascarilla: Price action doesn’t mean cryptocurrencies’ fundamentals have changed
Cryptocurrency prices are known to fluctuate – it’s a volatile and new asset class. That said, price changes are not indicative of the overall interest or adoption of crypto. On January 19, 2022 Paxos CEO and Co-Founder Charles Cascarilla sat down with CNBC’s Squawk on the Street to discuss the market and how investors should consider evaluating its potential.

Paxos Master Class | Stablecoins 101
On December 14 2021, Paxos hosted a master class on stablecoins to share the key information businesses need to know about stablecoins and how they’ll impact the future of finance.

2021 Was Just The Beginning: Paxos Will Accelerate Mainstream Digital Asset Adoption in 2022
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.

Paxos Testimony to US House of Representatives Committee on Financial Services – December 8, 2021
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

Same-Day Settlement: A Misunderstood Opportunity
This conflation in many people’s minds of T+0, Real-Time Gross Settlement (RTGS), and atomic settlement demonstrates just how misunderstood this topic really is. To be clear, T+0 simply means settlement on the same day as the trade, RTGS means settlement at the time of trading, and atomic settlement is the transfer of securities against cash (ie: delivery vs payment) at any settlement time. All of these should be embraced as opportunities that can create efficiencies, cut costs and protect our system from future market failures.

MercadoLibre is Creating the Biggest Crypto Market in Latin America – Paxos Powers the Experience
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.

Introducing Prex Crypto, Powered By Paxos
We’re proud to share that Prex – a leading Latin American digital banking platform providing financial products and services – will soon offer cryptocurrency buying, selling and holding capabilities for their 700,000 Uruguayan customers, with additional markets coming in 2022.

Crypto 101: What is Crypto Custody?
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.

Crypto-Curious? Your Business Can Benefit
In one year alone, the size of the crypto market has grown 537%. You’d be hard pressed to find another market that has grown so quickly and has captured the attention of both retail and institutional investors.

Crypto 101: What is Bitcoin?
Last last night, on November 8, 2021, Bitcoin hit an all-time price high of $68,521. In the very short span of 12 years, Bitcoin has entered the world and become one of the most attractive assets as a store of value. But what actually is Bitcoin? Let’s take a moment to review!

Paxos at Money20/20 in 2021
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 Chosen for Novi Pilot
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.

Adding Crypto to Your App? Here’s What You Need to Know
Paxos has been working in crypto since the early days. We built the first institutional Bitcoin exchange and we’ve been growing our regulated product capabilities ever since. We’re building the regulated financial market infrastructure that multinational enterprises with billions in customer assets and global reputations to protect rely upon. We’re seasoned crypto experts and help partners navigate the complexity of jumping into crypto markets.

How much is too much? The usual answer: “What’s it worth to you?”
Everything is energy, including money, which is just a fungible form of energy. If energy is the ability to do work, money is the fungible ability to make like-for-like decisions about whether to consume energy today or defer consumption by investing that energy.

“Trust is not an option – it’s a requirement” – Paxos Explains its Unique Approach to Pioneering a New Market
At Paxos, our mission is to build the foundation for a financial system where all assets, from money to commodities to securities, can be digitized and moved securely and instantly. Cryptocurrencies and digital assets represent a “brave new world” in financial services. But just because something is new, does not mean it cannot be trusted. Paxos— a highly regulated financial institution with regulated product lines—was created to address this challenge head- on.

Crypto 101: What is Blockchain Technology?
Blockchain is a distributed, digital, public ledger that can record transactions and track the movement of assets between parties without a central clearing authority.

Crypto 101: The History of Bitcoin and Cryptocurrency
This article is the first in a six-part series about the basics of crypto from Paxos. Stay tuned for more lessons on the world of

Paxos Supports Interactive Brokers’ Journey into Crypto Markets
In the last year, the interest in cryptocurrencies has exploded. Now, more than ever, people want access to this new asset class through their trusted intermediaries. Sophisticated investors see the value in diversifying portfolios by tapping into new technology.

How Paxos Powers Regulated Settlement for Mastercard’s New Payments Pilot, Now Live and Open for Business
Paxos’ regulated blockchain infrastructure platform powers Mastercard’s stablecoin settlement pilot.

Crypto is Growing Fast… And Compliance is Key to Accelerating that Growth
Regulation first. That has always been the sentiment throughout Paxos. It’s even more relevant as we build new products and scale our programs. Paxos set the stage for regulatory oversight in this market as we secured the first Limited Purpose Trust Company under the New York Department of Financial Services for digital assets, have conditional approval of a de novo national Trust Bank under the OCC, and will soon apply for full clearing agency registration from the Securities and Exchange Commission.

The Digital Dollar that Always Equals a Dollar – Paxos Standard (PAX) is now Pax Dollar (USDP)
Paxos Standard (PAX) will now be known as Pax Dollar (USDP). The USDP ticker more easily identifies Pax Dollar as a US dollar-backed token. As use cases for stablecoins rapidly expand, the demand for a regulated USD token has grown significantly. Companies and consumers globally are entering crypto markets and need a safe, dollar-based solution. As USDP, everyone will be able to instantly recognize our token as a dollar-backed stablecoin.

Licensing & Registration Are Not Equal to Regulation
At Paxos, we believe the only way to establish and maintain safety and transparency for customers is through rigorous oversight from a prudential regulator. This thesis has unfortunately borne out in the reserve mix for both USDC and USDT (Tether). Both of these tokens’ reserves are backed by a significant amount of non-cash financial instruments. A prudential regulator is crucial to ensuring the integrity of products used in the crypto ecosystem, and neither USDC nor USDT has such a regulator.

Hear from Our Experts – The Paxos Master Class on Integrating and Launching Crypto
On Jul 22, 2021, Paxos hosted a master class session where leaders across the company outlined the key considerations every decision-maker needs to know before jumping into this exciting new sector.

A Regulated Stablecoin Means Having a Regulator
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.

Binance USD (BUSD) Reaches $10 Billion in Market Capitalization
Binance USD (BUSD) was launched in September 2019. BUSD has reached the $10 billion milestone, ranking 10th in the entire crypto market and 3rd among stablecoins by market cap, making it the fastest growing stablecoin in the space. BUSD was created in partnership between Binance and Paxos, aimed at combining the trust of the Paxos platform with the utilization opportunities of Binance and the greater crypto ecosystem.

Paxos CEO Charles Cascarilla at Bitcoin 2021
Paxos attended and sponsored the Bitcoin 2021 conference in Miami, which took place in early June. A wide swath of crypto-interested people attended – beyond retail investors, many financial services companies attended as well, all eager to learn more about the crypto space.

Building Infrastructure for One of the Fastest Growing Fintech Startups
In April, Paxos raised $300 million at a valuation of $2.4 billion in its series D investment round. As one of the fastest growing fintech

PAX Gold surpasses 125,000 tokens and $240 Million in Market Cap
It continues to break records and has expanded its leadership position as the largest, most liquid gold-backed digital token. Earlier this month, PAXG surpassed 125,000 tokens and reached a total market capitalization of nearly a quarter-billion dollars. That represents a more than 400% increase in total token supply in only a year’s time.

Paxos National Trust Receives OCC Conditional Approval for De Novo Charter
Today, the Office of the Comptroller of the Currency (OCC) announced that Paxos has received preliminary conditional approval of its application to establish a de novo national Trust Bank.

Why a Decade-Long Career in Investment Banking Sent me to the Crypto Industry
In 2021, Paxos will double the size of its team. We have a robust pipeline of sales opportunities and an ambitious product roadmap – these

The Five Attributes of Money, Part II: Openness, the Attribute that Matters Most
Of the five main attributes of money, openness is the most important one because it dictates the limit on how many participants comprise the network and therefore how much utility that network can serve. Today’s modern fiat banking system is the dominant system, yet it is still closed to billions of people around the world. Society stands to gain advantages in access, autonomy, privacy, greater innovation and lower fee structures with a more open system system.

Regulation Can Foster Innovation, It’s Just a Matter of Perspective
Many people think regulation suffocates innovation in well-established markets, but that’s not the belief at Paxos. When you’re trying to build a new product in an existing, complex market, regulation can actually foster innovation.

How Paxos is the Most Trusted Operator in Digital Asset Infrastructure
Trustworthiness is critical to our business success at Paxos. We believe that by becoming a trusted, regulated, audited infrastructure provider, we can offer the highest levels of safety, protection and security for our clients. We’ve spent years building this oversight and regulatory stack.

How Paxos Came to Be – Why Our Mission is to Build a New, Open Financial System
Paxos is building the foundation for a financial system where all assets, from money to commodities to securities, can be digitized and moved instantaneously. As the first regulated Trust company with blockchain expertise, we’re taking big, ambitious swings to make the financial system more open and inclusive—and to fix the legacy infrastructure that could exacerbate or even create the next financial crisis.

Women’s History Month: Paxos Highlights its Female Leaders
During Women’s History Month, Paxos celebrated some of its remarkable women driving impact across our company and products. These individuals have demonstrated strength, leadership, and

Simple Multisig: How it Works and Why It’s Awesome
Blockchain technology is about combining fundamental cryptographic primitives to build useful, trusted features like transfers and asset issuance. Defining a secure signing scheme for multi-signature

Is Crypto Right for Your Business? Observations Based on Experience from Paxos
Cryptocurrencies, or crypto, is a burgeoning, fast-paced and constantly evolving asset class. We witnessed companies that recently launched crypto services benefit from increases in top-line revenues, company valuation, user engagement, and customer retention. Before your business dives in to capture these advantages, we want to help answer some of the most commonly asked questions from companies inquiring about crypto. We hope this perspective can also help empower your company’s strategy moving forward.

Paxos is First Company to Secure SOC 2 Type 2 Certification Across Suite of Crypto Products and Services
Includes PAX Stablecoin, PAX Gold, Crypto Asset Custody and the itBit by Paxos Crypto Exchange Trustworthiness is a key pillar of Paxos, our products and

Fueling the Growth of Enterprise Blockchain Products
2020 was a year of uncertainty around the world, but Paxos has continued to grow and we have added 63 new team members. James Hartley,

Growing our Team in a Global Pandemic
Since the start of the pandemic, Paxos has grown our team by a remarkable 35% and added 63 new team members. We expanded across all functional teams since March 2020, hiring the most individuals in our engineering, operations and legal/compliance groups. We’re also proud that growth was not centralized only at our NYC headquarters. We expanded internationally and added to our teams in our London and Singapore as well.

Ensuring a Trustworthy Experience with Crypto
Trust is fundamental to the success of both crypto and blockchain. Hear from my perspectives on what it takes to build tomorrow’s financial infrastructure.

Why are Banks Finally Interested in Crypto?
Cryptocurrency is becoming an inevitable part of the financial system. The largest companies and central government entities are now invested too.

Changing US Equities Markets with Blockchain Technology
After recent market activity led to institutional and retail brokerages restricting trading on highly volatile stocks like GameStop, the systemic risks caused by the legacy

What Lehman Brothers, Gamestop and the Next Financial Crisis Have in Common
We are witnessing the fallout from an overwhelmed settlement system – but Paxos has a solution

Welcoming Mike Dudas to Paxos and Our World of Stablecoins
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

Full-Time Musician to Software Engineer: My Journey to Fintech
As a financial technology firm, Paxos has an ambitious mission to bring technology and product innovation to the regulated financial services industry. We’re building the

How Financial Firms are Integrating Crypto
Paxos hosted a virtual Master Class, “How Financial Firms are Integrating Crypto Offerings.” This was part of our Blockchain Impact series and was tailored for professionals seeking details on applying crypto solutions and blockchain tech to current and future products. Leaders from Paxos discussed the current state of crypto adoption in mainstream finance, the potential impact crypto can have on revenues and the fundamentals of enabling crypto.

PAX Gold: The First Gold Token with More Than $100 Million in Market Cap
PAX Gold – the world’s first and only regulated, gold-backed digital asset – is the first gold token to surpass $100 million in total market capitalization.

Building Products that can Revolutionize Financial Services
In 2020, Paxos launched the Paxos Settlement Service, a blockchain-based network that allows two parties to bilaterally settle US listed securities trades directly with no

Paxos Comment Letter to the Financial Crimes Enforcement Network of the US Treasury
On January 4, 2021, Paxos CEO and Co-Founder Charles Cascarilla submitted the following comment letter to the Financial Crimes Enforcement Network (FinCEN) in response to a Proposed Rule relating to unhosted digital wallets.

How I got to work on the exchange that powers PayPal’s crypto offering
2020 has been a tremendous year for crypto, with prominent companies and investors jumping into the industry. PayPal is arguably one of the most important

Paxos in 2020 – A Year in Review
This year, we helped bring crypto to hundreds of millions of users. We’re building financial market infrastructure for an open, digital economy. We closed out 2020 announcing that we raised $142 million in Series C funding, but we also hit many milestones along the way.

Fueling Paxos’ Growth in 2021 and Beyond
Paxos has closed its Series C investment round and raised $142 million, bringing our total funding to more than $240 million.

Paxos Secures SOC 1 Type 2 Certification for PAX Stablecoin and Crypto Asset Custody
Paxos has achieved SOC 1 Type 2 Certification for our PAX Stablecoin and Crypto Asset Custody products.

Why Paxos is Seeking a National Trust Bank Charter — and Why We Remain Committed to New York
Paxos has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for a national Trust Bank charter.

Paxos’ Charles Cascarilla on CoinDesk’s Most Influential List 2020
Paxos CEO and Co-Founder Charles Cascarilla has been selected as one of CoinDesk’s Most Influential People in Crypto 2020!

Want to Add Crypto to Your App? A Few Considerations Before Starting with Paxos Crypto Brokerage
Paxos Crypto Brokerage may be the answer to your crypto needs, but it’s important to understand a few aspects of our solution before you get started. Here are some key facts that can help you better plan your next steps in crypto.

From a Federal Government Agency to Fintech – Practicing Law in the Emerging Blockchain Industry
In the last Paxos Employee Spotlight, Paxos Compliance Officer Ed Luo shared why he joined Paxos and his responsibilities here. Today, we invite our Deputy

How Our Tech Works – A Behind-the-Scenes Look at Paxos Crypto Brokerage
On November 17, Paxos product manager Zach Kwartler gave a behind the scenes look at how our technology works at the V-Sum_2 conference. Take a look here to learn more about what we’ve built.

New to Crypto? These are the Answers to Your Top 10 Questions
Cryptocurrency markets are growing, so you’re likely to have many questions. Paxos is the regulated leader in digital assets, we have the expertise to answers your questions.

Compliance at a Groundbreaking Fintech Firm
What is Paxos and what do we do? From the news, you might know we power crypto for PayPal, are facilitating U.S listed equities settlement for Credit Suisse,

Paxos CEO & Co-Founder Charles Cascarilla on LBMA Digital Gold Webinar
On November 5, Paxos CEO & Co-Founder Charles Cascarilla participated in a webinar hosted by the London Bullion Market Association on Digital Gold. Charles, along

PayPal & Paxos Bring Crypto to Millions of Users
Paxos is powering PayPal’s new service enabling its US users to buy, hold and sell cryptocurrency directly from their PayPal digital wallet.

The System for Clearing and Settling Equities Is Antiquated. This Is About to Change.
Paxos is upgrading clearing and settlement to meet the speed and efficiency of trading. Starting in the US with Street-side US equities settlement, Paxos has built a platform designed to alleviate market participants’ core concerns with the legacy infrastructure they rely upon today. Our solution, Paxos Settlement Service, is built with the latest technology and modern thinking about how financial infrastructure should operate.

One Year, 31,000 Tokens and 78 Gold Bars – PAX Gold Keeps Growing and is Now Available on Gemini
A year ago, the New York Department of Financial Services (NYDFS) approved the only regulated gold-backed digital asset – PAX Gold. Today, we’re excited to celebrate a year of growth of PAX Gold – along with the announcement that it is now available on Gemini!

Binance USD – One Year Old, $2.4 Billion Issued and $3.8 Billion in Total Transactions
BUSD is the first 1:1 US dollar-backed white-label stablecoin that is approved by a regulator.

Don’t Let Market Volatility & Headlines Dissuade You – Web 3.0 is Still the Most Exciting Space and Presents the Biggest Opportunity
Paxos is a regulated blockchain infrastructure provider and we’re focused on building the platform that will power the future of finance. We’re committed to continuing to grow our team, with most hiring efforts focused in the Product and Engineering functions.

“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.