Paxos Re-poster
Paxos is the leading regulated blockchain and tokenization infrastructure platform. $USDG | $PYUSD | $USDP | $PAXG | @global_dollar Network Partner
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We have reached a major milestone with $2,000,000,000 of PAXG now in circulation.
This represents:
❏ 400,000 oz
❏ 25,000 lbs
❏ 12.5 tons
❏ 1,000 LBMA good delivery gold bullion bars
The future of gold ownership is on-chain.
This represents:
❏ 400,000 oz
❏ 25,000 lbs
❏ 12.5 tons
❏ 1,000 LBMA good delivery gold bullion bars
The future of gold ownership is on-chain.
Stablecoin adoption is currently on a trajectory toward the one trillion mark. It is no longer a matter of if this will happen, but simply a matter of when.
**Product Feature: Utilizing Real-Time Payments (RTP) for USD Deposits**
Paxos clients are empowered to fund their accounts via instant USD bank transfers that operate 24/7/365, completely bypassing the wait times associated with standard business hours.
Provided by The Clearing House, RTP is a modern US payment network designed to facilitate immediate, around-the-clock bank-to-bank USD transfers. It is recognized as one of the most secure and rapid methods for moving dollars today, having successfully processed over $1T in volume.
For Paxos clients, this capability ensures you can deposit USD from your bank instantly at any time, covering both weekends and holidays. This leverages traditional rails to provide a cost-effective, fast, and secure dollar movement solution.
While stablecoins represent 24/7 on-chain movement, RTP introduces this continuous availability to USD banking deposits for Paxos users. You can now move dollars into your account instantly—whether it is a federal holiday or 2AM on Saturday.
Paxos clients are empowered to fund their accounts via instant USD bank transfers that operate 24/7/365, completely bypassing the wait times associated with standard business hours.
Provided by The Clearing House, RTP is a modern US payment network designed to facilitate immediate, around-the-clock bank-to-bank USD transfers. It is recognized as one of the most secure and rapid methods for moving dollars today, having successfully processed over $1T in volume.
For Paxos clients, this capability ensures you can deposit USD from your bank instantly at any time, covering both weekends and holidays. This leverages traditional rails to provide a cost-effective, fast, and secure dollar movement solution.
While stablecoins represent 24/7 on-chain movement, RTP introduces this continuous availability to USD banking deposits for Paxos users. You can now move dollars into your account instantly—whether it is a federal holiday or 2AM on Saturday.
As gold prices continue to reach record highs, investors are increasingly turning to trusted stores of value. PAXG delivers the best of both worlds, combining the enduring stability of gold with the seamless efficiency of blockchain technology.
PAXG, the only institutional-grade gold-backed token issued under federal regulatory oversight, is now accepted as collateral for @frankencoinzchf.
Stablecoins signify a transformative advancement in the monetary landscape within the entire financial ecosystem, encompassing banking institutions. For further insights, visit: https://www.paxos.com/blog/clarifying-misconceptions-around-stablecoins?utm_source=organicsocial&utm_medium=paxosx
Stablecoins signify a significant advancement in the evolution of currency, encompassing the banking sector as well. For further insights, visit: https://www.paxos.com/blog/clarifying-misconceptions-around-stablecoins?utm_source=organicsocial&utm_medium=paxosx
Ensuring the secure movement of cryptocurrency on a large scale necessitates robust controls and streamlined processes.
We are excited to announce our latest collaboration with @meshpay, which enhances our methods of verifying ownership for external wallets and exchange accounts prior to the deposit of assets.
This integration not only simplifies the deposit process but also upholds the security measures that institutions rely on when transferring assets such as PYUSD, USDG, and other digital currencies supported by Paxos.
We are excited to announce our latest collaboration with @meshpay, which enhances our methods of verifying ownership for external wallets and exchange accounts prior to the deposit of assets.
This integration not only simplifies the deposit process but also upholds the security measures that institutions rely on when transferring assets such as PYUSD, USDG, and other digital currencies supported by Paxos.
Last week at the @solana Breakpoint event, Paxos CEO and co-founder Charles Cascarilla engaged in a conversation with @akshaybd, covering topics such as white-label stablecoins, the integration of traditional assets onto the blockchain, decentralized finance (DeFi), and additional subjects.
You can find the complete fireside chat linked below.
You can find the complete fireside chat linked below.
During the recent @solana Breakpoint event, Charles Cascarilla, the CEO and co-founder of Paxos, engaged in a conversation with @akshaybd. They explored various topics, including white-label stablecoins, the integration of traditional assets onto the blockchain, decentralized finance (DeFi), and additional insights.
You can find the complete fireside chat below.
You can find the complete fireside chat below.
The issuance of stablecoins is currently gaining significant attention, with companies striving to comply with GENIUS standards and obtain necessary approvals.
Paxos has achieved federal regulation status, a milestone we have been working towards since 2018. The journey forward is grounded in our established track record and a regulatory framework that has shaped our foundation.
Paxos has achieved federal regulation status, a milestone we have been working towards since 2018. The journey forward is grounded in our established track record and a regulatory framework that has shaped our foundation.
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