Paxos Standard
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Paxos Standard is regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions.

Paxos Standard Feature List
  • TRUSTED_ Paxos is a Trust company, regulated by the New York State Department of Financial Services, with deep experience as an intermediary between fiat and digital assets. Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD.
  • STABLE_ PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions.
  • AUDITED_ The entire supply of PAX is collateralized by USD in dedicated omnibus cash accounts at FDIC-insured U.S. banks.
Paxos Standard Tech Specification
  • Blockchain
  • Hash Algorithm Ethereum
  • Org_ Structure
  • Development Status None
  • Hardware Wallet Centralized
Paxos Standard Team
Charles Cascarilla
CEO & Co-Founder
Rich Teo
Co-Founder & CEO Asia
Nancy Dornbush
Global Head of Operations
Corey Wendling
SVP of Engineering
Daniel Burstein
General Counsel & Chief Compliance Officer
Seth Phillips
Executive Director of Post-Trade
Dorothy Chang
VP of Marketing & Comms
Paxos Standard Wallets
AnkerPay
Multi-cryptocurrency wallet
Bitcoin Wallet
Wallet for any cryptocurrency
Paxos Standard Exchanges
FTX
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OKEx
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