Paxos

American

[pak-sos, -sohs] / ˈpæk sɒs, -soʊs /

noun

one of the Ionian Islands, off the NW coast of Greece. 7 sq. mi. (18 sq. km).

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Doing so would put the company on equal footing with such rivals as Circle Internet Group and Paxos.

From The Wall Street Journal

Paxos, BitGo and Fidelity also received approval Friday.

From The Wall Street Journal

PayPal launched its dollar-backed stablecoin with Paxos Trust in 2023 and has incorporated its stablecoin into its remittance service, Xoom.

From The Wall Street Journal

Paxos accidentally minted $300 trillion of PYUSD, a PayPal stablecoin, on Wednesday, then burned the assets within 30 minutes.

From Barron's

At 3:12 p.m. on Wednesday, Paxos “minted”—digitally printed—$300 trillion worth of PYUSD, the PayPal “stablecoin” pegged to the dollar that is backed by dollar deposits, Treasuries, and cash equivalents.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023