Cryptocurrency Q&A
WHO issues Paxos?
WHO issues Paxos?
Carolina
Sun Jun 30 2024
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7 answers
1766
Who exactly issues Paxos, the digital asset? Could you provide a clear and concise description of the issuing entity behind this cryptocurrency? I'm interested in understanding the background and credibility of the issuer to assess the trustworthiness and potential of Paxos. Is it a well-known financial institution or a new entrant in the cryptocurrency space? Any information you can share regarding the issuer's experience, track record, and regulatory standing would be greatly appreciated.
7 answers
Pietro
Tue Jul 02 2024
The stablecoin's integration with PayPal underscores its credibility and wide acceptance among financial institutions and retail users.
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CryptoLordGuard
Tue Jul 02 2024
Paxos, a renowned player in the cryptocurrency space, boasts a diverse array of products and services.
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SoulWhisper
Tue Jul 02 2024
Among these offerings is a significant stablecoin, rolled out by PayPal in 2023, which holds a market capitalization of $400 million.
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Chiara
Tue Jul 02 2024
This stablecoin is issued and managed by Paxos Trust Company, a trusted entity in the digital asset ecosystem.
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EnchantedDreams
Mon Jul 01 2024
Paxos's ability to partner with such a renowned brand speaks volumes about its reputation and technical capabilities.
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