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Paxos

Paxos

Live
Stablecoin90

Regulated stablecoin issuer of USDG, PYUSD, USDP, and PAXG, building on Canton Network

Upvotes

335

Views

2,410

Score

90

Rank Score

#16

Rank Upvote

#396

Rewards

3.60M CC

as of 22 Jun 2026 · ~$371.9K at today's price

Nodes

1

Rank Rewards

#123

as of 22 Jun 2026

Algorithm Analysis: Paxos

90/100
Activity83/100
Maturity94/100
Community84/100
Transparency88/100
Documentation81/100

Paxos is a well-established regulated financial infrastructure company with a strong focus on stablecoins and tokenization, backed by significant funding and regulatory approval from the NYDFS. While it operates a single validator on the Canton Network, its live products and institutional partnerships demonstrate real-world impact and adoption, positioning it as a credible player in the ecosystem.

Last analyzed: Apr 14, 2026

Paxos on Canton

Founding Canton Foundation member. Regulated stablecoin issuer of USDG, PYUSD, USDP, PAXG. NYDFS limited purpose trust charter (2015), MAS Singapore, OCC US (2025).

About Paxos

Paxos is a regulated financial infrastructure company that builds stablecoin and tokenization platforms. Licensed by the NYDFS, Paxos issues multiple regulated stablecoins and operates as a builder and validator on Canton Network.

Features

What the product does

Multi-Stablecoin Issuer

Issues USDG, PYUSD, USDP and PAXG stablecoins, each serving different market segments and backed by regulated reserves.

NYDFS Regulated

Operates under New York Department of Financial Services trust charter, providing regulatory certainty.

Gold-Backed Token (PAXG)

PAXG is backed 1:1 by London Good Delivery gold bars held in Brink's vaults, fully redeemable.

Institutional Infrastructure

White-label stablecoin and tokenization platform enabling enterprises to issue their own compliant tokens.

Paxos Team

CC

Charles Cascarilla

CEO & Co-Founder

Paxos On-chain

Validator nodes + featured apps linked to this project
Lifetime totals as of 22 Jun 2026 (round 101,404)

1 Validator
PaxosLab…bf273a
3.60M CC~$371.9K at today's price
Total rewards
3.60M CC
~$371.9K at today's price

Paxos FAQ

Paxos issues USDG, PYUSD (PayPal's stablecoin), USDP, and the gold-backed PAXG token, all under NYDFS regulation.
Yes, Paxos is regulated by the New York Department of Financial Services and operates under a trust charter.
Paxos brings regulated stablecoin infrastructure to Canton Network, enabling compliant settlement with institutional-grade tokens.

Connected Projects

Paxos is a regulated blockchain infrastructure platform building digital asset and stablecoin solutions for enterprise financial-services clients. Founded in 2012 by Charles Cascarilla. First firm to receive an NYDFS limited purpose trust charter for digital assets (2015), MAS major payments institution license in Singapore (2022), and OCC federal trust charter via Paxos Trust Company, N.A. (2025). Issuer of regulated stablecoins (USDG, PYUSD for PayPal, USDP) and the gold-backed token PAXG. Paxos is a founding member of the Canton Foundation, co-founded by Liberty City Ventures, and one of the original RWA pilot participants. Paxos was also a participant in Digital Asset $135M strategic investment round.