Paxos

Paxos is a regulated blockchain infrastructure company that issues regulated stablecoins and provides enterprise-grade tokenisation and settlement services. Paxos is the infrastructure behind PayPal's PYUSD and has issued several stablecoins under its own name. ## What It Does Paxos offers a **Stablecoin-as-a-Service** (SCaaS) platform that allows enterprises to issue their own branded, regulated stablecoins backed 1:1 by USD held in segregated accounts. It also provides settlement infrastructure for equities, commodities, and digital assets through its Paxos Settlement Service. ## Key Features - White-label stablecoin issuance (SCaaS) - Issues USDP (Pax Dollar) and PYUSD (for PayPal) - NY DFS-regulated trust company structure - Real-time gross settlement for institutional clients - API access for custody, trading, and transfer ## Who It's For Paxos is ideal for large enterprises, financial institutions, and payment networks that need a regulated partner to issue or leverage stablecoins. It is not typically used by individual developers but is a foundational infrastructure provider in the stablecoin ecosystem.