Paxos experienced a minor incident on September 12, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 44m. The incident has been resolved; the full update timeline is below.
Affected components
Crypto TransfersCrypto TransfersCrypto Transfers
Update timeline
- investigating Sep 12, 2025, 02:34 PM UTC
At this time, we are experiencing an outage on the Transfers endpoints. As such Crypto Withdrawals are impacted and customers may experience delays in processing.
- identified Sep 12, 2025, 02:55 PM UTC
The issue has been identified and a fix is being implemented.
- monitoring Sep 12, 2025, 03:09 PM UTC
A fix has been implemented and we are monitoring the results.
- resolved Sep 12, 2025, 03:19 PM UTC
This incident has been resolved.