Institutional Fiat-Crypto Conversion

Paxos provides institutional-grade fiat-crypto conversion infrastructure through two primary offerings: direct primary market access for stablecoin minting and redemption, and embedded crypto brokerage capabilities for enterprises launching customer-facing crypto solutions.

Mint and Redeem - Institutional Stablecoin Conversion

Paxos offers institutional clients direct primary market access to Paxos-issued stablecoins PayPal USD (PYUSD) and Pax Dollar (USDP) through zero-fee minting and redemption. As the regulated issuer of these stablecoins, Paxos provides significant advantages over secondary market access: Free to mint and redeem with zero fees for minting or redeeming Paxos-issued stablecoins, eliminating costs associated with secondary market spreads and exchange fees; Unlimited liquidity providing the speed and flexibility of direct issuer access with seamless stablecoin operations and unconstrained liquidity pools; 1:1 redemption, always available backed by reserves held 100% in US dollar deposits, US treasuries, and cash equivalents.

All assets are legally protected and fully backed, supported by 1:1 redemption guarantees and held in bankruptcy-remote accounts protecting customer funds from insolvency risk. The platform is regulated by the New York Department of Financial Services with federal oversight from the OCC, with monthly reserve reports and attestations published publicly for full transparency.

Crypto Brokerage - Embedded Fiat-Crypto Rails

Paxos' Crypto Brokerage platform provides qualified custody, licensing, and trading capabilities for enterprises launching crypto solutions, enabling financial services companies to offer their customers the ability to buy, sell, and hold crypto on their platforms through API integration. The Trading component delivers best prices from reputable liquidity providers with instantaneous settlement, eliminating counterparty risk without profiting from principal trading against customers.

The platform supports fiat-to-crypto conversion through secure, API-first architecture built for enterprise scalability, resilience, and security. Currently supported assets include Bitcoin, Ethereum, Solana, Polygon, Uniswap, Litecoin, Chainlink, Bitcoin Cash, Aave, Pax Dollar, Pax Gold, and PayPal USD. Paxos maintains best-in-class token listing standards with a rigorous evaluation and approval process.

Regulatory Protection

Both solutions benefit from Paxos' regulatory-first approach, reducing reputational risk by partnering with a company maintaining the highest regulatory standards in the industry. The enterprise-grade, infrastructure-only model ensures technology scales without competing for partners' end users.