Paxos vs Maker Token vs OKLink
What problem does this service solve?
Paxos provides a variety of financial trust and custodial services for clients that want to take advantage of the benefits of blockchain, while remaining compliant with legal and regulatory frameworks. | The Maker token is the native token of the MakerDAO platform. Its purpose is to help govern and stabilize the DAI stablecoin project. | OKLink gives clients the tools they need to execute cross-border Crypto payments more easily. |
Token Stats
Company Description
Paxos is a regulated financial company specializing in providing blockchain trust and custodial services for their clients. Paxos' settlement platform (Bankchain) is designed to be integrated with existing systems and to eliminate settlement risk in the exchange of digital assets. The company created a USD backed stablecoin called PAX, that is built on the Ethereum blockchain, and is meant to assist their clients in converting a variety of assets into digital versions, that can be more easily exchanged on a blockchain. | The Maker token (MKR) is the MakerDAO native token. It acts as a utility token, governance token and a recapitalization tool for the MakerDAO platform, which manages the DAI stablecoin. MKR is used as part of the stabilizing mechanism that is in place to combat the price volatility of the DAI stablecoin. | OKLink is a Hong Kong based blockchain settlement network. OKLink provides businesses with the infrastructure for their cross-border payment needs. The crypto settlement network currently supports collection and payouts in 40+ countries across Asia, Europe, and the Americas. The company's clients include payment and remittance companies, banks, and mobile wallets that use OKLink’s blockchain infrastructure and technology to solve all issues regarding licensing, banking, compliance, and settlement. The company created the USDK stablecoin. |