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Paxos - Delays Processing Withdrawals to DBS

Minor Impact Resolved Duration: 2h 29m August 25, 2026
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Current answer

Paxos experienced a minor incident: Paxos - Delays Processing Withdrawals to DBS. ServiceAlert observed recovery on Aug 26, 2026.

Official Paxos status page Current Paxos status ServiceAlert observed status change:

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Incident Lifecycle

Identified
Affected Components
Fiat Transfers Fiat Transfers

Incident Timeline

Identified
We are currently experiencing delays processing fiat withdrawals to DBS bank accounts. Withdrawal requests can still be submitted, but completion may take longer than usual. We are working with our banking partner to investigate and will provide another update as more information becomes available.
Aug 26, 2026 at 12:31 AM UTC
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