cid 5b9aa3893e03073bc456534d57061c648c6c03665b1b7cd4cfafb5fac4df95d1 · original · open access · via wikipedia
Title: Paxos (company) Authors: Venue: Wikipedia Year: unknown Canonical: wiki:paxos-company URL: https://en.wikipedia.org/wiki/Paxos_(company) Collector: wikipedia OA: true ABSTRACT Paxos Trust Company, N.A. is a blockchain infrastructure company, stablecoin issuer, and chartered national bank headquartered in New York City. The company provides digital asset brokerage, issuance, custody, and settlement services to enterprise clients in financial services. Paxos has also issued multiple U.S. dollar-backed stablecoins, including PayPal USD (PYUSD), Pax Dollar (USDP), and Global Dollar (USDG). ItBit, a bitcoin exchange run by Paxos, was the first bitcoin exchange to be licensed by the New York State Department of Financial Services, granting the company the ability to be the custodian and exchange for customers in the United States.