Paxos Brings Institutional Access to Avalanche with Regulated Integration

Paxos has integrated Avalanche into its regulated financial infrastructure, making it easier for institutions to access and use AVAX. This integration brings together Paxos' institutional platform with Avalanche's ecosystem, giving financial firms another route to build products and move funds on the network.

The addition of AVAX and USDC (issued by Circle) to Paxos' platform means that 650 institutions can now tap into Avalanche's infrastructure. The native USDC adds a dollar-denominated asset for settlement and payments, making it easier for institutions to explore blockchain-based financial products without managing every part of the underlying infrastructure.

Avalanche has established support for native USDC, with Circle issuing the asset directly. The network also supports Circle's Cross-Chain Transfer Protocol, helping move native USDC between supported chains.