Paxos CEO and cofounder Chad Cascarilla discusses his company’s partnership with PayPal, which honest unfolded its crypto buy and promoting product to all its US customers. In this episode, he covers:

  • how Paxos permits PayPal’s crypto product
  • the regulatory steps Paxos took to attain this occur
  • why $200 billion company esteem PayPal would accomplice with a microscopic company esteem Paxos
  • how Paxos Crypto Brokerage works
  • how Paxos offers the regulatory duvet that PayPal needs for this offering, alongside with custodial and liquidity companies
  • why this product sources its coins on Paxos’s ItBit replace
  • how the four crypto resources readily available on PayPal — bitcoin, ether, litecoin and bitcoin cash — were chosen
  • what different tokens one may possibly maybe well ask to be supplied thru Paxos Crypto Brokerage, and possibly by extension by PayPal
  • how PayPal gets right thru the scaling issues on Bitcoin and Ethereum
  • whether Paxos’s stablecoin enterprise shall be passe by PayPal
  • if PayPal does private BitGo, what that may possibly maybe well mean for Paxos offering custody for PayPal thru its brokerage
  • how Paxos’s equity settlement platform is going, and where it will possibly maybe well fade over time
  • how and why Paxos is making expend of to the SEC to changed into with out a doubt one of three clearing agents


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Crypto.com: http://crypto.com

Episode hyperlinks:

Chad Cascarilla: https://www.linkedin.com/in/charlescascarilla/

Paxos: https://www.paxos.com

PayPal now offers crypto purchases to all its customers: https://www.theblockcrypto.com/linked/84398/paypal-opening-up-app-crypto-customers

Customary bulletins about PayPal offering crypto purchases with Paxos: https://www.coindesk.com/paypal-unique-york-conditional-bitlicense-paxos-cryptocurrency

https://www.theblockcrypto.com/post/81794/paypal-to-enable-crypto-purchases-with-the-reduction-of-paxos

Paxos announcement: https://www.paxos.com/paypal-paxos-elevate-crypto-to-thousands and thousands-of-customers/

Paxos Crypto Brokerage: https://www.prnewswire.com/recordsdata-releases/paxos-introduces-paxos-crypto-brokerage-carrier-to-energy-digital-asset-procuring-and-promoting-in-any-product-301093761.html

PayPal licensed for conditional BitLicense: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202010211

Paxos’s stablecoin enterprise: https://www.theblockcrypto.com/genesis/54254/a-deep-dive-into-the-paxos-stablecoin-ecosystem

PayPal rumored to be in talks to attain BitGo: https://www.coindesk.com/paypal-acknowledged-to-be-in-talks-to-buy-crypto-firms-including-bitgo-bloomberg

Paxos working with Revolut: https://www.coindesk.com/uk-fintech-firm-revolut-brings-bitcoin-ether-trading-to-us-customers

Paxos equity settlement enterprise: https://www.theblockcrypto.com/linked/56494/paxos-equity-settlement-enterprise-goes-are residing-with-credit-suisse-and-nomuras-instinet-as-first-prospects https://www.theblockcrypto.com/post/44901/paxos-looking-to-upend-a-big-corner-of-wall-road-credit-suisse-on-board-for-pilot

Hyperlink to the Crypto News Recap:

https://unchainedpodcast.com/1st-paxos-interview-since-paypal-recordsdata/