Paxos is a regulated blockchain infrastructure company and stablecoin issuer, behind tokens like USDP, the issuance of PayPal\'s PYUSD and gold-backed PAXG, plus tokenization and brokerage infrastructure for enterprises. It is an issuer/infrastructure firm, not a retail exchange.
Key Facts
| Item | Details |
|---|---|
| Type | Regulated issuer & infrastructure |
| Tokens | USDP, PYUSD (issuer), PAXG |
| Regulation | NYDFS-regulated entities |
| Clients | Enterprises |
| Trading | Not a retail exchange |
Pros & Cons
Pros
- Regulated stablecoin issuer
- Issues PYUSD and PAXG
- Enterprise tokenization infra
- Strong compliance posture
Cons
- Not a retail exchange
- Regulatory dependence
- B2B / enterprise focus
- No public market-data API for aggregation
Summary
Paxos is regulated stablecoin and tokenization infrastructure — issuing USDP, PYUSD and PAXG for enterprises. An issuer, not a retail exchange.