Review on Paxos Standard by Azat O

Like Tether, Paxos is money that has grown under the auspices of the U.S. dollar. Paxos, on the other hand, is managed and approved by the New York State Department of Financial Services. The Paxos framework combines relevant writing news with a state of confidence aimed at reducing settlement risk.



The main idea of ​​improving this organization is to take advantage of many benefits and the idea can be described. The main truth that Paxos is a targeted trust is that it is legally accepted for trading assets and monetary forms. Comparing this assertion with the progress of blockchain is moving fast and at the same time opposing the well-being and security provided by blockchain. The risk has been reduced. Organizations and monetary administrations can then be more versatile and stable.