← Embedded Finance Index 2026/Vendor

Paxos

Provider
Crypto / StablecoinCrypto CustodyFX / Payouts

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 9 companies across 3 categories.

paxos.com ↗Also analysed as a company — its own stack →
CategoriesCrypto / Stablecoin, Crypto Custody, FX / Payouts
Rank#7 of 50 in Crypto / Stablecoin
Buyers9 companies
RegulatoryConditional approval · Conversion to national bank
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Charter application · Conditional approval
Paxos Trust Company, LLC → national bank · Conversion to national bank · OCC · New York, NY.
Conditional approval · Conditional Approval 1358 · 2025-12-12
Converts the NYDFS-chartered stablecoin issuer to a national trust bank.
OCC letter ↗
Who uses Paxos
9 companies disclose Paxos in their stack
PayPalTigerBeetleScott MalpassBraleIMPESA (Monibyte)ConfirmoAminaMercado LibreInteractive Brokers
Buyer mix · 9 of 9 classified
Fintech / Investment · 2Bank / Sponsor · 1Fintech / Consumer banking · 1Fintech / Crypto · 1Fintech / SMB banking · 1Infrastructure / BaaS · 1Infrastructure / Embedded Crypto · 1Marketplace / Two-sided · 1
US · 4LATAM · 2EU · 2
What the disclosures say
PayPal
“Paxos publicly lists PayPal as a customer.”
Scott Malpass
“IBS Intelligence reports Scott Malpass joined the Paxos board of directors.”
Brale
“Supports Brale-issued, Paxos, and Circle-issued stablecoins across 27+ chains.”
IMPESA (Monibyte)
“impesa.net/monibyte-app explicitly states: 'In April 2022, IMPESA incorporated the purchase & sale of cryptocurrencies through the integration of Paxos, a world class broker, into the App.' Monibyte App provides an integrated crypto wallet alongside the Visa Prepaid Card.”
Confirmo
“Partnership with Paxos mentioned in CFOtech article: 'Its partnership with Paxos allows it to...'. https://confirmo.com/product/payouts, https://cfotech.ie/story/confirmo-names-leaders-as-it-expands-in-europe-us”
View source · confirmo.com ↗
Amina
“ibsintelligence.com/ibsi-news/amina-taps-paxos-usdg-to-expand-regulated-stablecoin-offering/ — TIER 1 known customer listing confirming Paxos USDG partnership. aminagroup.com/corporates/payments and /corporates/lending reference crypto-fiat flows and crypto collateral.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Paxos? Claim this profile above to unlock your own full list.
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Alternatives to Paxos

Other Crypto / Stablecoin providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Zero Hash24 buyers →Circle21 buyers →Bridge13 buyers →BVNK12 buyers →Fireblocks10 buyers →Lightspark9 buyers →MoonPay7 buyers →Ripple7 buyers →
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Ranked #7 of 50 in Crypto / Stablecoin — Embedded Finance Index 2026
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