What is Paxos Crypto Brokerage?
It’s behind crypto trading at PayPal, Schwab, Interactive Brokers, and other major platforms.
Each one offers crypto under its own brand, and relies on Paxos to run the digital asset infrastructure behind it.
Asset Tarabayev, Head of Brokerage at Paxos, on how it works:
It’s a big day for Schwab Crypto.
We’re proud to support @CharlesSchwab as they expand client access to digital assets.
Schwab Crypto™ accounts are now available to all eligible retail clients.
Clients can directly buy and sell popular cryptocurrencies, including Bitcoin and Ethereum, alongside their brokerage account investments. Learn more: brnw.ch/21x6sG7
NEW: The Stablecoin Growth Program on Arbitrum
Teams building with USDG their primary stablecoin can apply for performance-based incentives and a chance at a 2M ARB prize pool.
Introducing the Arbitrum Stablecoin Growth Program.
Apps with $1M in stablecoin balances that make $USDG their primary stablecoin on Arbitrum can apply for the Arbitrum Stablecoin Growth Program that includes:
> Performance-based incentives
> Ecosystem support and perks
> 2M ARB prize pool for the first 10 teams to hit $10M of $USDG TVL
Apply today and learn more below. 👇🧵
airtable.com/appNPlINVhkcwny…
Paxos retweeted
As stablecoin infrastructure matures, enterprises face a choice:
❏ Use a large stablecoin where the issuer keeps the economics
❏ Partner with an issuer on their own branded stablecoin
❏ Join a network with open governance and open economics
@whessert, Head of Strategy at @Paxos, on how enterprises are weighing each path:
As stablecoin infrastructure matures, enterprises face a choice:
❏ Use a large stablecoin where the issuer keeps the economics
❏ Partner with an issuer on their own branded stablecoin
❏ Join a network with open governance and open economics
@whessert, Head of Strategy at @Paxos, on how enterprises are weighing each path:
“Replatform the financial system” sounds abstract.
In practice it means putting the basics on new rails: where money is held, how it’s issued, and how it moves between institutions.
Paxos CEO @chadcascarilla on what we’re building:
Paxos retweeted
$100K in USDG incentives are set to be distributed in the PAXG market on @kamino, in collaboration with @SteakhouseFi.
Users can borrow USDG against PAXG to earn a share over the next three months.
New incentives are live in the PAXG Market.
$100,000 in USDG borrow rewards will be distributed over the next 3 months, in collaboration with @SteakhouseFi and @global_dollar.
Borrow USDG against PAXG to earn boosted rewards and access gold-backed credit on Kamino.
New incentives are live on the @kamino PAXG Market:
❏ $100K in USDG rewards
❏ Distributed over 3 months
❏ Earned by borrowing USDG against PAXG
OCC-regulated gold as collateral.
New incentives are live in the PAXG Market.
$100,000 in USDG borrow rewards will be distributed over the next 3 months, in collaboration with @SteakhouseFi and @global_dollar.
Borrow USDG against PAXG to earn boosted rewards and access gold-backed credit on Kamino.
Paxos retweeted
PayPal USD is now live on Stable.
Issued by @Paxos with cross-chain interoperability powered by @LayerZero_Core, @PayPal PYUSD is now available on Stable for faster payments and settlement onchain.
Expanding access to PYUSD across payments and settlement on Stable.
There's a flywheel between stablecoins and deposits.
When customers can move assets quickly, they're comfortable keeping them with the bank they trust.
More movement means more usage and more utility for the bank enabling it.
@chadcascarilla, CEO and Co-Founder of Paxos, on the practical case of stablecoins for banks:
Paxos retweeted
USDG is now live on @Arbitrum One, set to become the default dollar to lending markets, perps venues, and DEX pools across the DeFi ecosystem.
Together, we will power the programmable economy.
A crypto winter hasn't stopped institutional adoption of blockchain technology.
@chadcascarilla, CEO and Co-Founder of Paxos, on what's driving it: