Paxos
“Can Paxos become the regulated infrastructure layer for stablecoin issuance, payments, and settlement that powers the next generation of enterprise financial products globally?”
Founded as itBit in 2012, Paxos pivoted from being a Bitcoin exchange to becoming regulated blockchain infrastructure for financial institutions. The company repositioned itself as an issuer of regulated stablecoins (USDP, PAXG, PYUSD, USDG) and a white-label crypto brokerage provider for enterprises. By obtaining OCC national bank charter status, Paxos moved beyond trust-company licensing to become regulated banking infrastructure for stablecoin issuance, payments, and settlement at enterprise scale — effectively becoming the stablecoin-layer provider for companies like PayPal, Stripe, and others.