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Paxos Trust Company LLC is a regulated financial institution and every aspect of its operations are supervised by the New York Department of Financial Services. Paxos received the first limited purpose trust charter for digital assets from the NYDFS in 2015.
Regulated, fully-backed digital assets. Paxos-issued digital assets are backed by 1:1 redemption, held bankruptcy-remote and regulated by the New York Department of Financial Services. View reports. Issued by Paxos Trust Company, PYUSD is PayPal’s stablecoin designed for payments. LEARN MORE.
Paxos Trust Company is a New York–based financial institution and technology company specializing in blockchain. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services.
Issued by Paxos Trust Company, PayPal USD (PYUSD) is PayPal’s stablecoin designed for payments. PYUSD is an ERC-20 tokenized digital dollar. Like other crypto assets, it can move instantaneously, anywhere in the world, at any time, and it’s programmable.
Apr 1, 2021 · In October 2019, Paxos was the first company to secure regulatory relief from the SEC to test blockchain-based equity settlement with live US stock trades. Paxos is a company that asks permission instead of begs forgiveness.
Apr 23, 2021 · Stablecoin issuer and blockchain startup Paxos has become the third crypto-native company to score a federal trust charter through the U.S. Office of the Comptroller of the Currency (OCC).
Building trust in digital assets with regulated blockchain infrastructure & regulated, fully-backed USD stablecoins.
