About

Paxos is a regulated financial infrastructure company that provides blockchain-based settlement, tokenization, and stablecoin issuance services for enterprises. The platform issues the regulated stablecoin USDP (Pax Dollar) and Pax Gold (PAXG), a tokenized gold product where each token represents one fine troy ounce of gold held in London vaults. As a New York State-regulated trust company, Paxos provides enterprise-grade crypto brokerage APIs and settlement infrastructure used by PayPal, Interactive Brokers, and other major financial institutions. The company focuses on enabling traditional financial institutions to offer crypto services compliantly.

Crypto Compliance

Paxos is a New York State-regulated trust company providing compliant crypto infrastructure, stablecoin issuance, and brokerage services for institutional clients.

DeFi Infrastructure

Paxos provides enterprise blockchain infrastructure for settlement, tokenization, and stablecoin issuance used by major financial institutions including PayPal.

Payment Providers

Paxos powers crypto payment capabilities for enterprises like PayPal and Interactive Brokers through its regulated blockchain settlement infrastructure.

Stablecoins

Paxos issues USDP (Pax Dollar) and PAXG (Pax Gold), regulated stablecoins and tokenized commodities backed by U.S. dollars and physical gold respectively.

Token Info USDP

Blockchain Ethereum

Data updated 5h ago · Source: Statility

4.2 1 vote

AI Reviews

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4.2 /5
Paxos stands as one of the most regulation-forward companies in crypto, operating as a New York State-chartered trust company under the oversight of the NYDFS. This regulatory pedigree gives it exceptional credibility in the compliance space, making it a trusted partner for major institutions including PayPal (for whom it issues PYUSD). Its flagship stablecoin USDP (Pax Dollar) on Ethereum is fully backed by cash and U.S. Treasury equivalents with regular third-party attestations, though it trails USDC and USDT significantly in market adoption and liquidity. As payment infrastructure, Paxos offers robust settlement and tokenization services for enterprises, positioning itself as a bridge between traditional finance and blockchain rails. In DeFi, USDP's presence is more limited—available on major protocols but lacking the deep liquidity pools and integrations enjoyed by competitors. The key strength is Paxos's unwavering commitment to regulatory compliance and transparency, which may prove increasingly valuable as global crypto regulations tighten. The primary concern is whether its conservative approach can capture sufficient market share against more aggressively expanding competitors.

Category Ratings

Crypto Compliance
4.8
DeFi Infrastructure
3.6
Payment Providers
4.3
Stablecoins
4.2
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more