Paxos CEO on Stablecoins and On-Chain Markets

Stablecoins and asset tokenization serve as foundational technologies for re-platforming the global financial system. By providing B2B infrastructure, firms like Paxos enable institutions to navigate complex regulatory and operational requirements, facilitating 24/7, programmable money movement. Stablecoins currently drive significant efficiency in cross-border remittances and B2B payments, acting as a bridge for currency pairs that lack liquid traditional trading routes. While tokenization offers transparency and operational simplicity, its true potential lies in creating efficient access to reserve assets like US Treasuries and money market funds. As financial institutions—including major wealth managers like Charles Schwab—increasingly adopt these technologies, the focus shifts toward building a more integrated, on-chain financial ecosystem that enhances asset productivity and liquidity, moving beyond traditional settlement cycles toward instantaneous, programmable transactions.