Paxos
Paxos Trust Company is a New York-based financial technology firm specializing in blockchain solutions, known for its regulated stablecoin, Pax Dollar (USDP).
Products
Pax Dollar (USDP) is a fiat-backed stablecoin by Paxos Trust Company, maintaining a 1:1 parity with the U.S. dollar.
PayPal USD (PYUSD) is a U.S. dollar-denominated stablecoin issued by Paxos Trust Company, fully backed by U.S. dollar deposits and equivalents.
USDG is a U.S. dollar-backed stablecoin by Paxos, maintaining a 1:1 peg with the U.S. dollar and integrated across multiple blockchain networks.
Overview
Paxos Trust Company is a financial technology firm based in New York, specializing in blockchain solutions and regulated stablecoins.
Regulatory Status
Paxos holds a limited-purpose trust charter from the NYDFS, a Major Payments Institution license from MAS, and is overseen by the OCC at the national level.
Key Products
Paxos offers several stablecoin products including Pax Dollar (USDP), PAX Gold (PAXG), and Lift Dollar (USDL).