Fireside chat: Paxos CEO and Co-founder Charles Cascarilla joined Mike Dudas to talk regulated infrastructure, stablecoin growth, and why the biggest institutions are moving into crypto last week at Solana Accelerate.
Paxos
Financial Services
Blockchain infrastructure for enterprises. Regulated by the OCC in the US, FIN-FSA in the EU, and MAS in Singapore.
About us
Paxos is the leading regulated blockchain infrastructure and tokenization platform. Its products are the foundation for a new, open financial system that can operate faster and more efficiently. Today, trillions of dollars are locked in inefficient, outdated financial plumbing that is inaccessible to millions of people. Paxos is replatforming the financial system to enable assets to instantaneously move anywhere in the world, at any time, in a trustworthy way. Paxos partners with leading global enterprises to tokenize, custody and trade assets. Its blockchain solutions are used by leaders like PayPal, Interactive Brokers, Mastercard, Mercado Libre and Nubank. Paxos is licensed to engage in virtual currency business activity and is the issuer of numerous digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG). Global Dollar (USDG) is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA. USDG is also available on Solana. Prudentially regulated by FIN-FSA in Europe, the OCC in the US, and the MAS in Singapore, Paxos is a leading fintech company with more than $500 million raised from leading investors including Oak HC/FT, Declaration Partners, Founders Fund and PayPal Ventures.
- Website
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https://www.paxos.com
External link for Paxos
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Remote-first
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Blockchain Solutions, Blockchain Technology, Blockchain Settlement, Financial Technology, Post-Trade, Distributed Ledger Technology, stablecoins, financial market infrastructure, blockchain, cryptocurrency, fintech, enterprise solutions, defi, altcoins, and regulated crypto
Locations
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Primary
Get directions
Remote-first, US
Employees at Paxos
Updates
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The industry is converging on a six-layer model for stablecoin payment infrastructure. Most platforms trying to solve this end up stitching together point solutions from a dozen vendors, each with its own compliance model and settlement cycle. The result is a system that's technically functional but operationally fragile, and a nightmare to audit. Paxos built all six layers under a single platform, operated under active regulatory supervision across the US, EU, and Singapore. One integration. One regulated counterparty. Payments companies like Modern Treasury, BVNK, and Confirmo already run their stablecoin flows on Paxos infrastructure.
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Stablecoin payments are an infrastructure decision, one that touches licensing, identity, custody, settlement, conversion, and distribution simultaneously. Miss any single layer and the whole program stalls. Product Lead Richard Btaiche wrote a guide for enterprise fintechs and financial institutions evaluating stablecoin payment infrastructure.
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Fordefi Rewards turns your stablecoin balance into subscription credits. Hold USDG or PYUSD in your FORDEFI wallet and let your capital offset the cost of the infrastructure behind it.
We just launched Fordefi Rewards! Hold PYUSD or USDG in your Fordefi Wallet, and the balance earns credits toward your SaaS subscription. Credits scale with how much you hold, and you don’t need to activate, lock, or tag anything to start earning. Most of our customers already hold stablecoin balances as part of their day-to-day operations for settlement, collateral, and float between positions. That capital doesn’t need to be sitting in DeFi to be useful. With Fordefi Rewards, it offsets the cost of the infrastructure you use to manage it. Fordefi is a Paxos company, and Paxos is the regulated issuer behind both PYUSD and USDG. We’re able to power these rewards using this relationship and our new membership in the Global Dollar Network. Over 300 institutions already use Fordefi to manage and transact on-chain, and every one of them can start earning credits today. Interested in getting started with Fordefi Rewards? https://lnkd.in/evhtGtNp
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Always-on infrastructure means database maintenance can't take things offline for long. Our engineering team figured out how to cut upgrade downtime from up to two hours per database to about one minute, across 60+ databases. Brent Perreault, Senior Staff Software Engineer, walks through the full process.
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Paxos Crypto Brokerage now supports BONK. Nearly 1M holders, 400+ integrations across the Solana ecosystem, and one of the strongest communities in crypto. Partners can now offer BONK through the same regulated platform trusted by some of the biggest names in finance.
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Agent-to-agent commerce is coming, and open payment standards will accelerate it. Excited to be building on OKX’s Agent Payments Protocol alongside an ambitious group of launch partners.
Today, OKX officially introduces the Agent Payments Protocol (APP), a breakthrough open standard powering the next evolution of the onchain economy. AI Agents are no longer limited to simple transactions. With APP, they can now execute end-to-end business workflows autonomously, from negotiation and pricing to payments, escrow, and dispute resolution. This marks a major step toward real-world deployment of the Agent economy. What APP enables: • Autonomous Agent-to-Agent commerce (no human intervention required) • Flexible payment models: one-time, batch, streaming, and escrow • Full commercial lifecycle execution: quote → hire → transact → settle Like email and the web, the future of AI commerce must be built on open protocols, not closed systems. APP is designed as a universal standard, compatible across Ethereum, Solana, and all major blockchains. We’re proud to collaborate with leading partners across cloud, infrastructure, DeFi, and AI to bring this vision to life, including: Amazon Web Services (AWS), Alibaba.com, Ethereum, Solana, Base, Sui Foundation, Optimism, Aptos Labs, MoonPay, Nansen, Uniswap Labs, Paxos, Quicknode, AltLayer, Pharos Network, Mesh, Teneo Protocol and more. This is just the beginning. Explore the whitepaper and start building on APP today. Welcome to the era of autonomous onchain commerce.
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Paxos Crypto Brokerage now supports PENGU. A cultural franchise built on-chain. Pudgy Penguins turned an NFT collection into a mainstream brand, powered by one of the most engaged communities in crypto. Available for partners on the platform powering crypto at global scale.
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Paxos reposted this
Banking Circle, a bank moving over €1.5 trillion annually, will support USDG for stablecoin settlement. Fiat-to-stablecoin. Stablecoin-to-fiat. Instant settlement. Institutional stablecoin adoption is here.
For over a decade, Banking Circle has helped clients modernise payments through trusted, regulated banking rails. What clients need next shouldn’t require a new operating model. Fiat–stablecoin interoperability is simply the next extension of our core banking platform - focused on helping clients reach what they need next, without complexity or stepping outside a regulated framework. We’re bringing stablecoins into regulated banking. Read more here: https://lnkd.in/gdTQN9Bu #payments #bankingcircle #banking #finance #digitalassets #stablecoin #fiat #interoperability #innovation
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