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Paxos

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Blockchain financial services offering regulated payment and stablecoin solutions.

About

Paxos is a blockchain financial services company that offers regulated payment solutions and stablecoin products. Its offerings include PYUSD, a stablecoin designed for PayPal, USDP, which is pegged to the US Dollar, and PAXG, which is backed by gold. The company targets financial institutions by providing a platform and APIs that allow these entities to develop their own blockchain and digital asset solutions. Paxos emphasizes regulation, compliance, and transparency in its operations, aiming to facilitate secure and compliant digital asset transactions. The company's focus on fully-backed digital assets and adherence to regulatory standards positions it within the fintech sector.

Key facts

Founded
2012
Tags
  • Banking and Financial Services
  • Blockchain
  • Crypto
  • Embedded Finance

Business model

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Paxos: quick answers

What does Paxos do?
Paxos is a blockchain financial services company that offers regulated payment solutions and stablecoin products.
Where is Paxos headquartered?
Paxos is headquartered in New York City, United States.
When was Paxos founded?
Paxos was founded in 2012.
Which sector is Paxos in?
Paxos operates in Decentralized Finance, part of Financial Technology.
Who are Paxos's competitors?
Companies similar to Paxos include Anchorage Digital, Zero Hash, and Amber Group.