Paxos Trust Company
Paxos Trust Company is a financial technology firm based in the United States that specializes in blockchain and digital asset solutions. Founded in 2012, it aims to bridge the gap between traditional finance and the emerging world of cryptocurrencies. The company is known for its regulatory compliance and operates under a trust charter, allowing it to offer services like digital asset custody and settlement.
One of its notable products is the Pax Dollar, a stablecoin pegged to the U.S. dollar, which provides a reliable means for users to transact in the digital currency space. Paxos also partners with various financial institutions to enhance their cryptocurrency offerings and improve market efficiency.