Tokenization of financial markets could look similar to what electronification did for equities in the 90s and early 2000s. Charles Cascarilla, CEO and Co-Founder of Paxos, on the pattern connecting stablecoins and 24/7 stocks:
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 Today, trillions of dollars are locked in inefficient, outdated financial plumbing that is inaccessible to millions of people.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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Hoplites are our one-shot, cloud-based coding agents. You @ them in a Slack thread, they claim a worker, pull in the surrounding context, and stream progress back into the same conversation. Cameron Fleet, Staff Software Engineer at Paxos, walks through how the team has managed 2,000+ pull requests across 20+ repos, and 5x lower cost per PR than an engineer running the same task locally with an AI assistant.
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Banking hours that limit when you can move money and wires that take days. Charles Cascarilla, CEO and Co-Founder of Paxos, on how the current financial system feels increasingly divorced from daily reality:
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Paxos reposted this
The shape of a modern stablecoin is open, regulated, and built to share economics with the businesses that grow it. Let’s take a look at where the Network stands today.
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$2 trillion in crypto. Roughly $900 trillion of total assets in the world. Paxos CEO and Co-Founder, Charles Cascarilla, on the real scale of the tokenization opportunity:
Less than 1% of assets are tokenized. We're just getting started.
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Four more assets are now live for trading on Paxos Crypto Brokerage, bringing our total to 29 and counting: ❏ AVAX (Avalanche) ❏ BNB (BNB Chain) ❏ POL (Polygon Labs) ❏ XLM (Stellar Development Foundation) Every asset goes through the same structured review before it's added, the same standard we operate under as an OCC-regulated national trust.
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Paxos reposted this
Introducing Amplify Transit: predictable rate, stablecoin conversion infrastructure for the platforms building on digital assets. The moment a platform supports more than one stablecoin, or operates across more than one chain, it inherits a liquidity problem, and the cost of solving it gets worse exactly as the amount gets larger: clearing hours, variable spreads, slippage, and a stack of bridges, solvers, and DEXs to maintain. Transit changes the economics: • One price at any size. A flat fee per route, whether you move $5 or $50M. • Rate locked at submit. The output is guaranteed at quote time, with no slippage. • Always on. Conversions run around the clock, with none of the business-hours gaps of legacy clearing. • One API. Integrates in hours, across major stablecoins and chains. Transit is the Move layer of the Paxos Labs Amplify stack, which enables enterprises to mint, move, and monetize digital assets. Live on Robinhood Chain with our partners Morpho, Jumper, Across Protocol and Arcus from day zero, with more than $30M moved since July 1. Predictable fees. Locked rates. Stablecoin movement, on your terms.
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Paxos reposted this
Stablecoins are one of the most compelling digital asset use cases for institutions, offering benefits including faster settlement, round-the-clock availability and cross-border value transfer. But the market is more complicated than it looks. Most stablecoin infrastructure was built for crypto-native users, not for institutions with regulators, compliance teams, and reputations to protect. Paxos and Global Dollar Network are part of the Zodia Solutions ecosystem, providing stablecoin infrastructure built specifically for regulated financial institutions. In the latest instalment of Inside the Zodia Solutions Ecosystem, Guillaume Kendall, Growth Lead at Paxos, and our CPO Anoosh Arevshatian explore what it takes for institutions to offer stablecoin-powered products with confidence. Read the full piece via the link in the comments 👇 #ZodiaSolutions
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