Paxos CEO Charles Cascarilla emphasized the transformative potential of regulated stablecoins in modernizing U.S. payment systems during a recent discussion with Denelle Dixon, CEO of Stellar Development Foundation. The conversation, aimed at community banks, underscored the importance of regulatory clarity and compliance in the adoption of stablecoins. Cascarilla pointed out that while stablecoin issuers facilitate payments, they do not engage in traditional banking activities. He highlighted the interest of major companies like PayPal and Mastercard in integrating stablecoin solutions. Paxos, which has held a New York trust charter for digital assets since 2015, continues to lead in compliance within blockchain financial services.