Paxos
Overview
What is Paxos?
Paxos is a financial technology company that is the principal architect of BUSD & USDP - full-reserve fiat stablecoins that bring US dollar liquidity on-chain.
How does Paxos work?
Users deposit funds into Paxos account and receive BUSD or USDP at a 1:1 rate.
Who governs Paxos?
Paxos is a private company registered in the US. Paxos' investors include OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures etc.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.