Regulatory Record
The longest regulatory record in digital assets
Paxos has operated under continuous prudential supervision for over a decade, with the deepest regulatory experience in the space.
Paxos is an OCC-regulated national trust bank.

OCC
Paxos Trust Company, N.A., a U.S. national trust bank regulated by the OCC. Coverage across all 50 states.
MAS
Paxos Digital Singapore, a Major Payments Institution supervised by the Monetary Authority of Singapore.
MiCA
Paxos Issuance Europe Oy, an Electronic Money Institution regulated by the Finnish FIN-FSA, in compliance with MiCA.
SEC
Conditional clearing agency registration granted to Paxos Securities Settlement Company, May 2026.
Battle tested custody
Through our history we've secured over $100B in value across token reserves and digital assets.
Complete, provable tracking
No Paxos-issued stablecoin has ever de-pegged, with all reserves managed to regulatory requirements with full transparency.
The most regulated stablecoins
Paxos issues USDG, the first stablecoin with multi-jurisdictional prudential issuance oversight.
Through the cycle
No interruption through the 2022–23 industry turmoil or the regional banking crisis.
How we operate
Built for transparency
Licenses
Every jurisdiction, entity, and license number.
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Transparency Reports
Monthly reserve attestations for every issued asset, published for anyone to review.
View Reports
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