Paxos Stablecoin — the first regulated platform infrastructure on the blockchain. Its products are the backbone of a new, open financial system that can operate faster and more efficiently.
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Description of the dapp of the Paxos Stablecoin application
Today, trillions of dollars are trapped in an inefficient, outdated financial system, out of the reach of millions of people. The crypto project creates a new system that allows assets to move instantly, anywhere in the world, at any time.
It allows companies and financial institutions to offer crypto capabilities to their users through its Paxos Crypto Brokerage and Stablecoin as a Service products. It also offers solutions for the settlement of securities and commodities. Paxos clients include global businesses PayPal, Credit Suisse, Societe Generale, StoneX and Revolut. Paxos - the largest blockchain company with over $ 500 million in funding from top investors such as OakHC / FT, Declaration Partners, Mithril Capital and PayPal Ventures.
Other features of this defi app:
| 1 | Convert USDP to USD equivalent anytime. Paxos offers customers an unparalleled assurance that their US dollar is backed by the dollar on a one-to-one basis. |
| 2 | USDP is subject to strict supervision by the NYS Department of Financial Services to meet the highest standards of consumer protection. |
| 3 | USDP reserves are held in cash equivalents, which means that customer funds are always kept safe and available for redemption. |
USDP gives customers the ability to store and send US dollars without the restrictions of traditional banking. Move money instantly, anytime and across borders. PAXG gives customers the benefits of actually owning specific gold bars with the speed and mobility of a digital asset. The token is available for trading on the Paxos itBit crypto exchange. PAXG will also be available on other cryptoasset exchanges, wallets, lending platforms and elsewhere in the crypto ecosystem.
Social networks of the PaxosStablecoin
There is no WhitePaper on the site. Instead, a section with answers to questions is presented, as well as an "About" page. Check out the blog for the latest news.
From social networks, the community leads:
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