Highest standards of consumer protection
Paxos’ issuance of USDP is subject to strict regulatory oversight by the OCC, meeting the highest standards of consumer protection and making USDP ready for forthcoming GENIUS requirements for US stablecoins.
1:1 redemption, always available
USDP reserves are held 100% in cash and cash equivalents, meaning customer funds are always available for 1:1 redemption.
Customer assets protected from bankruptcy
In the event of Paxos’ insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held in segregated, bankruptcy remote accounts.
USDP is built to keep your customers' assets safe
Comparing a regulated custodian with a trust charter like Paxos vs. stablecoin issuers with money transmitter license (MTL) registrations.
*This is a distinguishing feature of Paxos’ PYUSD and USDP stablecoins from MTL-based and unregulated stablecoin issuers. If MTL-based and unregulated stablecoin issuers become insolvent, customers would become exposed to delays, and courts could determine customer assets belong to the senior creditors of the issuer’s bankruptcy estate.
Get started with USDP
Explore how your team can use USDP to safely hold assets on chain, give your users access to digital dollars and more.