# Paxos

> Blockchain infrastructure for enterprises

Paxos is a regulated blockchain infrastructure platform offering settlement, liquidity, and tokenization services.

Paxos is a financial technology company that provides blockchain-based infrastructure solutions for the financial industry. It offers a platform for secure, fast, and cost-effective settlement of financial transactions and assets, enabling financial institutions to streamline operations and unlock new revenue opportunities. Paxos aims to modernize financial market infrastructure and make financial services more accessible.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2012-01-01
- Profile: https://thegrid.id/profiles/Paxos

## Products

- [Paxos Crypto Brokerage](https://thegrid.id/profiles/Paxos): API-based infrastructure for enterprises to offer crypto trading, custody, and transfers. Includes KYC/AML, liquidity, and regulatory compliance for institutions. (Custody Technology Provider, Live)
- [Paxos Stablecoin Issuance Platform](https://thegrid.id/profiles/Paxos): Platform for enterprises to issue and manage regulated stablecoins. Offers APIs for minting, burning, and transferring tokens, with compliance and reporting features. (Stablecoin Issuer, Live, Main Product)
- [itBit Trading Platform](https://thegrid.id/profiles/Paxos): Institutional-grade cryptocurrency exchange with advanced order types, deep liquidity, and API access. Provides OTC trading for large transactions. (Centralised Exchange, Live)

## Assets

- [Pax Dollar (USDP)](https://thegrid.id/profiles/Paxos): USDP is a USD-pegged stablecoin issued by Paxos Trust Company. It is used for payments, trading, and as collateral in DeFi applications across multiple blockchains. The stablecoin operates under strict regulatory oversight by the New York State Department of Financial Services, with customer assets held in segregated, bankruptcy remote accounts that would not be used to satisfy Paxos' debts in the event of insolvency. (Stablecoin)
- [Paxos Gold (PAXG)](https://thegrid.id/profiles/Paxos): PAXG is a gold-backed token issued by Paxos Trust Company. Each token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Token holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool, ensuring transparency by allocating tokens down to individual gold bars. (Stablecoin)
- [Lift Dollar (USDL)](https://thegrid.id/profiles/Paxos): USDL is a USD-pegged stablecoin issued by Paxos International and regulated by the FSRA of Abu Dhabi Global Market. It is being wound down as Paxos prioritizes other initiatives that will have greater long-term impact on global financial infrastructure. The stablecoin used an Ethereum smart contract to distribute yield generated from its reserves to eligible wallet addresses daily without requiring any additional steps by the token holder. (Stablecoin)
- [USAD (USAD)](https://thegrid.id/profiles/Paxos): USAD is a USD-pegged stablecoin issued by Paxos Labs on the Aleo Network. It is used for payments, payroll, treasury operations, and DeFi applications that require transaction confidentiality. The stablecoin encrypts wallet addresses and transaction amounts using Aleo's zero-knowledge cryptography, allowing users to transact without exposing sensitive financial data on public ledgers while maintaining verifiability for compliance purposes. (Stablecoin)

## Links

- [Main](https://paxos.com)
- [Blog](https://paxos.com/blog)
- [Documentation](https://docs.paxos.com)
- [Privacy policy](https://www.paxos.com/terms-and-conditions/privacy-policy)
- [Media Kit/branding](https://www.paxos.com/brand-resources)
- [LinkedIn](https://www.linkedin.com/company/paxos)
- [Twitter / X](https://x.com/Paxos)

## Relationships

- [Global Dollar Network](https://thegrid.id/profiles/globaldollar): Subsidiary
- [Fordefi](https://thegrid.id/profiles/Fordefi): Subsidiary
- [Membrane Labs](https://thegrid.id/profiles/membrane_labs): Subsidiary
- [EUROe](https://thegrid.id/profiles/EUROe): Subsidiary

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP