Fueled by PYUSD and PAXG, Paxos’ total assets are up more than fivefold over the last 365 days.
Paxos, the asset issuer and tokenization infrastructure platform, has recorded substantial growth under the Trump administration, with its total asset market cap surging by more than 450% since January 2025.
Over the last year, Paxos’ total asset valuation has grown to $6.8 billion from just $1.2 billion in January 2025, according to TokenTerminal.
PayPal’s stablecoin, PYUSD, issued by Paxos, accounts for more than 50% of the growth, rising from roughly $500 million in January 2025 to $3.6 billion today.
Paxos Gold, or PAXG, is also carrying its weight thanks to gold’s massive run in 2025, resulting in PAXG growing from a $500 million market capitalization to $1.8 billion currently.
While new mints of PAXG have boosted the asset’s valuation, the gold-backed token is up 72% over the last year, helping drive its total valuation higher.