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Outage in Paxos

Paxos - Crypto Deposit Incident Detected

Resolved Minor
August 03, 2025 - Started 9 months ago - Lasted about 2 hours
Official incident page

Incident Report

We are currently experiencing delays in processing crypto deposits for USDC, USDP and PYUSD on the Solana network. Customers can still make deposits, but processing may take longer than usual.

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Latest Updates ( sorted recent to last )
RESOLVED 9 months ago - at 08/04/2025 04:55AM

This incident has been resolved.

MONITORING 9 months ago - at 08/04/2025 04:03AM

A fix has been implemented and we are monitoring the results.

IDENTIFIED 9 months ago - at 08/04/2025 03:41AM

Only specific USDC, USDP, PYUSD, and SOL deposits made on the Solana network on 30 July were affected. Deposits made after 30 July were not impacted. We are actively working to complete processing of the affected deposits.

INVESTIGATING 9 months ago - at 08/04/2025 02:55AM

We are currently experiencing delays in processing crypto deposits for USDC, USDP and PYUSD on the Solana network. Customers can still make deposits, but processing may take longer than usual.

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