Home Altcoins NewsFinance News Paxos Standard (PAX) on 4 Areas to Consider When Adding Crypto to Apps

Paxos Standard (PAX) on 4 Areas to Consider When Adding Crypto to Apps

Paxos Standard PAX

Paxos Standard have a minimal smart contract and PAX is the first regulated stablecoin.  Crypto is growing and as one of the earliest to enter the space, Paxos wants to help users understand the history and impact of adopting crypto and the key areas of focus when non-crypto firms want to offer crypto.

The Blockchain Master Class from Paxos, teaches a lot of things like How Financial Firms Can Integrate Crypto Offerings.  Users can learn from top leaders at Paxos who discuss the current state of crypto adoption in mainstream finance, the potential impact that crypto can have on revenues and end users, and the fundamentals of enabling crypto. 

The topics covered consist of crypto adoption its history and impact, powering crypto behind the scenes, and stable coins.

At Paxos, they are focusing on re-building the infrastructure of finance. They are making it possible to move any asset anywhere, instantly and therefore are democratizing access to a new, global, and frictionless economy.

Paxos are working to be the gateway between traditional finance and digital future.  They are taking a forked approach by establishing regulatory designations which will provide them with the access to the current financial infrastructure to further develop innovative products.

Paxos are looking to help companies who are thinking to offer crypto. Reportedly, the early adopters who are offering crypto are able to see improved revenue and improved customer acquisition. Of note, In 2020, Square @ Cashapp’s Bitcoin gross profit was up by 12x yoy from 2019.

Also, several mainstream financial services companies are using crypto in their platform.  And, most of them look at cryptocurrency as a strategic business opportunity. Paxos points to 4 major things when launching a crypto app, which is licensing, compliance, custody, and liquidity.

Those businesses who are looking to add cryptocurrency features to the platform will benefit from reading an eBook which details on the 4 areas to consider adding crypto to an application.

For clarity, Paxos are the first company who are approved and regulated to offer crypto products and services, earning the New York State Department of Financial Services Trust Charter in 2015. The company’s strategic focus is on enterprise customers and the B2B marketplace.  They are building digital asset infrastructure which permits mainstream financial firms to access the $1 trillion crypto market.

Paxos Crypto Brokerage are an API-based solution who make it possible for enterprises to integrate cryptocurrency capabilities to their own product offering. They focus on managing their underlying regulatory and technological complexity of cryptocurrency markets in a way to improve end user experience by making most of their solutions Turnkey.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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