Liminal Custody vs Paxos
Liminal Custody and Paxos compete in the same bracket: coverage, certifications and integration time-to-market decide it. For a serious B2B comparison request custom pricing from both: public terms are only the starting point.
| Liminal Custody | Paxos | |
|---|---|---|
| Tier | S | S |
| Rating | ★ 4.7 | ★ 4.7 |
| Service type | Stablecoin infrastructure | Stablecoin infrastructure |
| Pricing model | Not disclosed | Not disclosed |
| Per-card fee | $0.00 virtual · $0.00 physical | — |
| Stablecoins | USDC, USDT | USDP, PYUSD, USDG, PAXG |
| Custody model | MPC | qualified-custody |
| Fund custody | Self-custody (funds in your control) | Custodial (platform holds funds) |
| KYC | Full | — |
| Supported countries | EEA, UK, US, APAC · 12+ countries | US, EEA, MENA, APAC |
| Regulator | FSRA (ADGM), VARA (Dubai) | OCC (US) / NYDFS (US) |
| OAM Italy registration | No | — |
| Segment | B2B | B2B |
| Past incidents | WazirX $230M hack (July 2024) — Liminal was the custodian provider for the compromised multisig wallet. Attackers exploited UI/data mismatch to upgrade Safe contract. | — |
| Customer type | — | Enterprise, Fintech, Platforms |
| Regions | EU/EEA, UK, US, APAC | US, EU/EEA, MENA, APAC |
| Licences & safety | FSP (ADGM), TCSP (Hong Kong), in-principle VARA (Dubai) | OCC National Trust Charter (US), NYDFS supervision, FSRA (ADGM, Abu Dhabi) |
Frequently asked questions
Liminal Custody vs Paxos: which is better?
Liminal Custody and Paxos compete in the same bracket: coverage, certifications and integration time-to-market decide it. For a serious B2B comparison request custom pricing from both: public terms are only the starting point.
Is Liminal Custody custodial or self-custody?
Liminal Custody is self-custody: you keep the keys, while Paxos is custodial.