The Paxos Standard ERC-20 contract code is available for technical review at https://github.com/paxosglobal/pax-contracts. Anyone can verify that the code will operate as Paxos intends. Because of the simplicity of the one-to-one model, Paxos Standard can be represented in a simple, readable smart contract. This contract code has been audited by an independent third-party smart contract security auditor. Read the audit here.