PAXOS
Blockchain Infrastructure for Enterprises
About PAXOS
Paxos is a regulated blockchain infrastructure and tokenization platform founded in 2012 by Charles Cascarilla and Rich Teo, headquartered in New York with remote-first operations. The company provides enterprise-grade infrastructure for stablecoin issuance, crypto brokerage, and digital asset custody, serving major clients including PayPal, Mastercard, Mercado Libre, Stripe, Interactive Brokers, and Robinhood. Paxos has processed over $180B in tokenization activity and issues multiple stablecoins including Global Dollar (USDG), PayPal USD (PYUSD), Pax Dollar (USDP), and Pax Gold (PAXG).
Key Infrastructure
Stablecoin Issuance
Enterprise-grade infrastructure for launching, managing, and scaling stablecoins with 1:1 redemption, regulatory compliance, and shared earnings on balances
Crypto Brokerage
Regulated blockchain infrastructure with qualified custody, licensing, and trading enabling enterprises to offer crypto buying, selling, and holding
Stablecoin Payments
Global stablecoin acceptance and payouts enabling merchants to accept stablecoins directly and convert to fiat seamlessly
Mint and Redeem
Programmatic stablecoin minting and redemption APIs for enterprises to integrate stablecoin workflows directly into applications
itBit Exchange
Institutional-grade digital asset exchange with regulatory compliance and licensing for trading digital assets
Global Dollar Network
USDG stablecoin network enabling enterprises to join a global stablecoin ecosystem with shared economics and cross-border interoperability
Additional Features
Multi-Jurisdictional Licensing
Paxos holds licenses in US (NYDFS, OCC), Singapore (MAS), EU (FIN-FSA/MiCA), and UAE (FSRA)
API-First Platform
Developer-friendly REST APIs and SDKs enable seamless integration and scaling for enterprises building crypto-enabled products
Best-in-Class Token Listing
Rigorous asset evaluation and approval process ensures only vetted, compliant tokens are listed on the platform
Post-Trade Confirmation
Blockchain-based confirmation service for commodities and FX trades has processed over $1.5 trillion in transaction volume
Bug Bounty Program
$1M bug bounty program launched on Cantina in March 2026 to strengthen security and vulnerability disclosure
Zero-Downtime Infrastructure
Enterprise-grade infrastructure with 21TB Postgres database partitioning enables seamless scaling without service interruption