On June 30, 2020, Paxos CEO & Co-Founder Charles Cascarilla testified to the US Senate Banking, Housing and Urban Affairs Committee at its hearing “The Digitization of Money And Payments.”
The Paxos account dashboard functions as a hot wallet. Here, you can hold or withdraw your crypto assets with confidence.
New Developer Tools Enable Seamless Movement between Traditional and Digital Assets Binance is First to Utilize Fiat Gateway NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Paxos Trust Company, the regulated financial institution that…
Binance USD (BUSD) is a new USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) that will be launched in partnership with Paxos and Binance.
Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. The week of September 16 it will…
Paxos is the USD custodian and issuer of BUSD.
BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit…
Just like with PAX, there are no fees associated with creating or redeeming BUSD.
Paxos treats BUSD as USD on our platform. That means you can instantly get USD when you deposit BUSD onto our platform. You can then withdraw your funds as USD.
Yes, PAX is still available on Binance to be traded against numerous cryptocurrencies.
When a customer owns PAXG, they own physical gold. This means the value of PAXG tokens is always tied to the spot market price of gold.