Paxos debuts new stablecoin payment platform with Stripe

Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.

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Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to expand stablecoin adoption in the payments industry through its new enterprise-grade infrastructure.

Paxos has introduced its new stablecoin payments platform targeting payment service providers (PSP) and fintech companies that want to enable stablecoin payments.

On Oct. 15, Paxos announced that Stripe, a global payment processing company, would be the first PSP to integrate Paxos’ infrastructure into its system.

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