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Go to the Dashboard and click Convert in the top-right corner to convert between USD and stablecoins.

Mint

Convert your USD balance to a stablecoin token (USD → Stablecoin).
  1. Select Mint.
  2. Choose the Profile that holds the USD balance.
  3. Select the stablecoin to mint (for example, USDG, PYUSD, or USDP).
  4. Choose the destination: Paxos Profile or External Account. If sending to an external account, select the network and wallet address.
  5. Enter the Amount to convert.
  6. Review the details and confirm.
Mint Stablecoin

Redeem

Convert your stablecoin tokens back to USD (Stablecoin → USD).
  1. Select Redeem.
  2. Choose the Profile that holds the stablecoin balance.
  3. Select the stablecoin to redeem.
  4. Choose the destination: Paxos Profile or External Account. If sending to an external account, select the network and saved account.
  5. Enter the Amount to convert.
  6. Review the details and confirm.
Redeem Stablecoin

Swap

Exchange one stablecoin for another (Stablecoin → Stablecoin).
  1. Select Swap.
  2. Choose the Profile that holds the stablecoin you want to swap from.
  3. Select the stablecoin to receive.
  4. Choose the destination: Paxos Profile or External Account. If sending to an external account, select the network and wallet address.
  5. Enter the Amount to swap.
  6. Review the details and confirm.
Swap Stablecoin Go to Transactions > Conversions to monitor conversion activity.
Want to automatically convert incoming deposits? Set up an Automation.
Can’t find the right conversion options? The desired option may not be supported by the Entity or by the Paxos platform. Reach out to your Entity Manager or contact us for help.