Paxos
Paxos Trust Company is a leading regulated blockchain infrastructure and tokenization platform, known for its Pax Dollar (USDP) stablecoin.
Products
Pax Dollar (USDP) is a fiat-backed USD stablecoin issued by Paxos Trust Company, maintaining a stable value close to $1 USD.
PayPal USD (PYUSD) is a U.S. dollar-backed stablecoin issued by Paxos Trust Company, integrated into PayPal's global payments ecosystem.
Overview
Paxos Trust Company, established in 2012, is a prominent player in the blockchain infrastructure and tokenization space. It remains a private company with a focus on regulated stablecoins and tokenization.
Regulatory Status
Paxos holds several regulatory licenses, including a national trust charter from the OCC and a Major Payments Institution License in Singapore.
Key Products
Paxos offers several stablecoin products, including Pax Dollar (USDP), PayPal USD (PYUSD), and Lift Dollar (USDL).