Paxos adds XRP to its crypto brokerage service for partner platforms
Paxos added XRP to its Crypto Brokerage platform, letting partner financial apps offer buying, selling, custody, deposits, withdrawals and transfers of the token.
Why it matters
The addition widens the set of regulated infrastructure paths through which XRP can reach customers, alongside the clients Paxos already serves. Each partner sets its own customer-facing offering, so the announcement does not by itself mean XRP will appear on PayPal, Venmo, Schwab or any other named platform.
Key facts
Paxos added XRP to its Crypto Brokerage platform, enabling partner platforms to offer buying, selling, holding, deposits, withdrawals and transfers.
Reported by Crypto.News
Paxos cited XRP holdings across more than 8.1 million wallets in its announcement.
8,100,000 walletsReported by Crypto.News
Paxos named PayPal, Venmo, Interactive Brokers, Charles Schwab and Mercado Libre among financial platforms already served by its infrastructure.
Reported by Crypto.News
XRP traded at $1.43, down more than 6% during a crypto market sell-off, according to Crypto.News.
1.43 USDReported by Crypto.News
Crypto.News reported that Charles Schwab's August token expansion covered SOL, AVAX and LINK without an XRP listing.
Reported by Crypto.News
Crypto.News reported that Ripple separately expanded custody support to Canton and brokerage services to Brevan Howard.
Reported by Crypto.News
What happened
Paxos added XRP support to its Crypto Brokerage platform, covering buying, selling, holding, deposits, withdrawals and transfers, and said partners can offer the token through their own applications. Crypto.News reported the announcement on October 7 and said the XRP Ledger Foundation listed PayPal, Venmo, Interactive Brokers, Charles Schwab and Mercado Libre among financial platforms already served by Paxos; Bitcoin.com News, reporting the next morning, named the same five clients and described Paxos as the regulated back end behind them. Paxos said the announcement cited XRP holdings across more than 8.1 million wallets, and Bitcoin.com News said the post also put XRP's market capitalisation at nearly $95 billion and noted the token has circulated since 2012 with payments typically settling in three to five seconds. Crypto.News reported XRP at $1.43, down more than 6% during a crypto market sell-off, without linking the move to the Paxos listing. The same Crypto.News report said Charles Schwab's August token expansion covered SOL, AVAX and LINK without adding XRP, and that Ripple separately extended custody support to Canton and brokerage services to Brevan Howard. Bitcoin.com News said each financial business decides its own customer-facing offering, so the announcement sets out what Paxos infrastructure permits rather than confirming which platforms will actually list XRP.
How the story developed
- Official statement
Paxos announces XRP support on its brokerage platform
Paxos posted on X that partners can offer XRP through its regulated platform, citing holdings across more than 8.1 million wallets.
- First report
First report by Crypto.News
Paxos enables partners to offer XRP trading, custody and transfers
- Update
Crypto.News reports the Paxos XRP addition
First desk report on the announcement, including the XRP Ledger Foundation's account of partner capabilities and named client platforms.
- Official statement
Official statement from Bitcoin.com News
XRP Lands on Paxos, the Crypto Engine Behind PayPal, Venmo, and Schwab
- Update
Bitcoin.com News corroborates the listing
Second outlet reports the same Paxos brokerage addition and adds a near-$95 billion market capitalisation figure.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 7 Oct 2026, 17:29 UTC: Crypto.News — 1 independent source, 1 reports
- 8 Oct 2026, 03:30 UTC: Bitcoin.com News, official — 2 independent sources, 2 reports
Affected entities
Also mentioned: Ethereum, U.S. Securities and Exchange Commission, United States, Avalanche, Chainlink
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | XRP Lands on Paxos, the Crypto Engine Behind PayPal, Venmo, and Schwab | Independent | |
| Crypto.News Crypto media | Paxos enables partners to offer XRP trading, custody and transfers | Original |
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