Work Paxos

Multi-chain stablecoin contracts with LayerZero integration.

StablecoinLayerZeroSmart contracts
Overview

Paxos is a regulated financial technology company providing blockchain-based infrastructure for stablecoins, asset tokenization, and settlement.

57Blocks partnered with Paxos to develop and deploy smart contracts supporting rebasing tokens as collateral and enabling multi-chain issuance. The engagement focused on expanding Paxos’s on-chain asset management capabilities through secure and auditable contract architecture.

What 57Blocks delivered

01Rebasing token collateral

Designed and implemented smart contracts to manage balance adjustments, transfer logic, and profit allocation across participating roles.

02LayerZero OFT integration

Built a token issuance workflow using the LayerZero mint/burn model to support seamless distribution across multiple EVM-compatible chains.

Tech stack
SolidityFoundryLayerZero V2 OFT
Business impact

Enabled Paxos to issue and manage stablecoins across multiple chains under a unified cross-chain framework.

Improved transparency and operational efficiency in collateralized asset management.

Provided a scalable foundation for future tokenized asset products within the Paxos ecosystem.

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