Update from Paxos CEO & Co-Founder Charles Cascarilla

February 22, 2023

On Saturday, February 18, Paxos CEO & Co-Founder Charles Cascarilla shared the following message with the Paxos team. Paxos will continue to support BUSD through at least February 2024 and maintain the highest standards of security and soundness in the stablecoin market. Some of the largest companies in the world already rely on the Paxos platform to bring trusted blockchain products to hundreds of millions of end users. Partners like PayPal, Mastercard, Interactive Brokers, Mercado Libre, Nubank and Bank of America choose Paxos to power their various offerings. I have never been more confident in the Paxos platform and, most importantly, our team.

The source of this news is from Paxos