We are excited to announce that the Paxos Standard token (PAX) is now a settlement option for BitPay merchants around the world. BitPay is the first and most experienced company in bitcoin payments and we’re thrilled they have chosen PAX to incorporate into their merchant-facing product. …

Today, we are excited to announce that the Paxos Standard token (PAX) has passed the $100 million mark since its launch one month ago. PAX are issued 1:1 to the US dollar when customers deposit funds, so this $100M milestone is a testament to the growing customer demand for PAX…

We are excited to share that we have added several more windows for PAX conversions and fiat deposits/withdrawals! With more frequent processing times every weekday (and even some on the weekends), you can be sure that the transactions you initiate are fulfilled faster than ever.

You can access the full processing schedule here. (These transactions are not processed automatically because Paxos holds all crypto assets in cold wallets for maximum storage security.)

These changes will be in effect from tomorrow, October 27, 2018, until further notice.

If you have any questions or concerns, please do not hesitate to contact our customer support team at help@paxos.com.

Originally published at www.paxos.com on October 26, 2018.

We’re excited to share that Binance, the world’s largest crypto exchange, has today listed the Paxos Standard token (PAX) against tether (USDT). We think the pairing is a great option for people who want to convert their tether to an alternative that is regulated, audited and always redeemable 1:1 for…

As we bring trust and transparency to the digital asset market with PAX, the industry’s first regulated stablecoin, we are pleased to share our first month-end attestation report, prepared and published by nationally-ranked auditing firm Withum. This and all future reports will be viewable at www.paxos.com/standard/attestations.

We are excited to share that Binance, currently the world’s largest crypto exchange by trading volume, has announced it will list our Paxos Standard token (ticker symbol PAX). The announcement of the listing of PAX on Binance signifies a growing and immediate demand for a regulated stablecoin.

Paxos issues and…

This week, Paxos announced the launch of Paxos Standard™, the world’s first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.

As a digital asset…