The OCC just provided conditional approval to a broad swath of five different companies that adds diveristy and depth to ...

With its OCC trust charter, Paxos will offer enterprises a secure, predictable and efficient path to building digital asset products: Unified Platform: Enterprises can manage stablecoin issuance, ...

The move aims to positions Paxos to serve growing institutional demand for onchain asset issuance and stablecoin payments.

Paxos’ erroneous creation of trillions worth of a stablecoin has left the crypto industry wondering how one of its biggest and most respected firms could make such ...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a ...

USDG, the base asset, is a 1:1 USD-backed stablecoin issued by Paxos under regulatory oversight, already operational on Ethereum, Solana, Ink, and X Layer. USDG0 builds on this foundation but ...

Paxos accidentally minted $300 trillion in PYUSD, about 2.5 times global GDP. The error cost only $2.66 in gas fees, exposing how one transaction can distort supply ...

What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.

Beyond stablecoins, Paxos is expanding its brokerage infrastructure. The company offers crypto-as-a-service solutions for traditional financial institutions. This includes custody, trading services, ...