![](https://paxos.com/wp-content/uploads/2022/06/Advantages-Regulation-1024x1024.png)
Regulated
Highest standards of consumer protection
Paxos’ issued stablecoin USDP is subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.![](https://paxos.com/wp-content/uploads/2023/08/Transparency-scp.png)
Transparent
1:1 redemption, always available
USDP reserves are held 100% in cash and cash equivalents, meaning customer funds are always available for 1:1 redemption.![](https://paxos.com/wp-content/uploads/2022/06/Advantages-Security-1-1024x1024.png)
Secure
Assets held bankruptcy remote, fully segregated
Under New York banking law, in the event of Paxos Trust’s insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote in segregated accounts.