Circle vs Paxos
Circle and Paxos compete in the same bracket: coverage, certifications and integration time-to-market decide it. For a serious B2B comparison request custom pricing from both: public terms are only the starting point.
| Circle | Paxos | |
|---|---|---|
| Tier | S | S |
| Rating | ★ 4.7 | ★ 4.7 |
| Service type | Stablecoin infrastructure | Stablecoin infrastructure |
| Pricing model | Custom quote | Not disclosed |
| Stablecoins | USDC, EURC | USDP, PYUSD, USDG, PAXG |
| Custody model | qualified-custody | qualified-custody |
| Customer type | Fintech, Enterprise, Developers, Platforms | Enterprise, Fintech, Platforms |
| Processed volume | $21.5T | — |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| Supported countries | US, EEA, UK, APAC, LATAM | US, EEA, MENA, APAC |
| Regulator | NYDFS (US), ACPR (Francia, MiCA) | OCC (US) / NYDFS (US) |
| Segment | B2B | B2B |
| Regions | US, EU/EEA, UK, APAC, LATAM | US, EU/EEA, MENA, APAC |
| Licences & safety | NYDFS (New York), US state Money Transmitter Licenses, MiCA EMI (Circle, ACPR France) | OCC National Trust Charter (US), NYDFS supervision, FSRA (ADGM, Abu Dhabi) |
Frequently asked questions
Circle vs Paxos: which is better?
Circle and Paxos compete in the same bracket: coverage, certifications and integration time-to-market decide it. For a serious B2B comparison request custom pricing from both: public terms are only the starting point.
Is Circle custodial or self-custody?
Circle is custodial: funds are held by the platform, while Paxos is custodial.