thedefiant.io
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.