Paxos


Finance

Interactive Brokers Launches Crypto Trading Through Paxos

Clients will be able to trade and hold bitcoin, ether, litecoin and bitcoin cash through Paxos.

Paxos

Markets

Crypto Long & Short: The Trouble With Ticker Symbols

Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.

Jeremy Bezanger/Unsplash

Markets

Paxos Renames Standard Stablecoin as Pax Dollar

USDP's updated smart contract will go live on Aug. 31.

dollars

Videos

Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms

Mastercard’s Raj Dhamodharan and Paxos’ Walter Hessert discuss their partnership enabling more banks and crypto companies to offer card programs, helping crypto holders spend their digital assets anywhere Mastercard is accepted.

CoinDesk placeholder image

Markets

What We Know – and Don’t Know – About Stablecoins’ Dollar Backing

(Updated Oct. 31, 2021) As information disclosed by issuers varies, it’s not easy for investors to make apple-to-apple comparisons.

alicia-razuri-mmHzeIV52ZI-unsplash

Markets

Bank of America, Coinbase Ventures Invested in Paxos' $300M Funding Round

The blockchain-based crypto services firm is disclosing more big names from its latest funding round.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Bitcoin 24-hour price chart, CoinDesk 20

Videos

Paxos General Counsel on Stablecoin Backings, Risks and Regulations

Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.

CoinDesk placeholder image

Finance

Paxos Reveals Assets Backing Stablecoins PAX, BUSD

Paxos's reserves consisted of only cash and U.S. Treasury bills.

Paxos

Markets

Mastercard to Test USDC for Payments as Stablecoin Scrutiny Intensifies

Mastercard will use the USDC stablecoin as a bridge asset for cardholders who want to pay for goods using cryptocurrencies.

Mastercard is working with Circle to use the USDC stablecoin for some payments.