Paxos Adds XRP Support to Its Crypto Brokerage Platform

Paxos has added XRP to its Crypto Brokerage platform, broadening regulated access to one of the world's largest cryptocurrencies. Institutional partners can now enable XRP trading and custody via Paxos APIs on the XRP Ledger, giving banks, fintechs, and broker-dealers another way to offer crypto services without building dedicated infrastructure. Paxos Crypto Brokerage bundles trading, custody, settlement, and API connectivity in a single platform that can be integrated into existing products. XRP has been in circulation since 2012 and is now held across more than 8.1 million wallets. Paxos cited XRP's scale as a key rationale for the listing, noting a market capitalization of nearly $95 billion. In a post on X dated October 7, 2026, Paxos said its partners can now offer $XRP through the same regulated platform used by major financial brands. Paxos operates as a national trust bank overseen by the U.S. Office of the Comptroller of the Currency, and also holds regulatory licenses in Finland and Singapore. Its crypto infrastructure is already used by PayPal, Venmo, Interactive Brokers, Charles Schwab, and Mercado Libre. The XRP addition continues Paxos' steady expansion in 2026. The company says it now supports roughly 25 to 29 digital assets, up from about 12 at the start of the year, as it targets leading cryptocurrencies by market capitalization. Paxos said each new asset is subject to a compliance review before being added. XRP remained under pressure in the market, trading near $1.42 after falling more than 5% over the past day. Disclaimer: The information in this article is for informational and educational purposes only and does not constitute financial advice. Coin Edition is not responsible for any losses incurred from the use of any content, products, or services mentioned. Readers should exercise caution before taking any action related to the company.