5 Things You Should Know about Paxos and the Move Toward a National Trust Charter

Jakarta, Pintu News – Paxos, a leading blockchain and tokenization platform, recently applied to convert their trust charter from the NYDFS to a National Trust Charter overseen by the OCC.

This move confirms Paxos’ commitment to high regulation and strengthens its position in the cryptocurrency industry.

With OCC oversight, Paxos hopes to expand services and transparency, connecting traditional markets with DeFi. Here’s what you need to know about Paxos’ big move.

1. What is Paxos and Why is a National Trust Charter Application Important?

Paxos is a blockchain platform specializing in tokenization and decentralized financial infrastructure that meets high regulatory standards.

Previously, Paxos was regulated by the NYDFS by being granted a limited trust charter, which allowed them to be the first stablecoin issuer to receive regulatory oversight.

Now, with the filing of the National Trust Charter, Paxos is looking to operate under the supervision of the OCC which will strengthen security and transparency and provide wider access to their cryptocurrency products.

This move opens up great potential for Paxos to be further recognized on the global scene and expand their network, connecting traditional markets with blockchain technology.

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2. Advantages of OCC Supervision for Paxos and the Crypto Industry

If approved, Paxos will come under the supervision of the OCC, which has federal authority, along with the existing supervision of FIN-FSA in Europe, MAS in Singapore, and FSRA in Abu Dhabi Global Market.

This will ensure Paxos can operate more widely, comply with global regulations, and provide better access for companies and investors from around the world.

Federal oversight will also give Paxos more confidence in delivering a secured stablecoin product with testable and auditable reserves.

With this move, Paxos aims to provide more security to customers and prove their commitment to transparency and strict regulation.

3. What is the National Trust Charter and How does it affect Paxos?

A National Trust Charter is a license granted by the OCC that allows a financial institution to operate as a bank in the United States.

In this case, if Paxos manages to obtain this status, they will be able to operate more flexibly across the US without being bound by state regulatory restrictions. This allows Paxos to offer their products more widely with stronger federal regulatory support.

This move is very important for Paxos, as it will add legitimacy and strengthen their position in the international market. It also provides more opportunities to partner with large financial institutions that require stability and trust in their digital transactions.

4. The Impact of Paxos on the World of DeFi and Cryptocurrency

With the OCC overseeing Paxos, DeFi projects will get more attention from a wider range of authorities.

This could have a major impact on the cryptocurrency industry as a whole, by showing that blockchain and tokenization can be integrated with the traditional financial system without compromising regulation and security.

This is a great opportunity for DeFi to become part of a larger, mainstream financial system.

Paxos also promises that all cryptocurrency products they issue, including stablecoins such as PayPal USD (PYUSD), Pax Dollar (USDP), and Pax Gold will continue to be backed by transparent reserves, creating more trust among investors.

5. Paxos: Leading the Transition to Decentralized and Regulated Finance

Paxos focuses not only on cryptocurrencies, but also on how blockchain technology can be integrated in traditional finance.

With this National Trust Charter, Paxos hopes to demonstrate how DeFi technology can work within the larger global financial system, while still operating under strict regulation.

Going forward, Paxos plans to continue to drive innovation in asset tokenization and create more secure, reliable, and regulated products.

With OCC oversight, they hope to open the door for more investors and companies to experience the benefits of blockchain and DeFi.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Paxos. Paxos to Pursue National Trust Charter with the Office of the Comptroller of the Currency. Accessed on August 13, 2025.