How does Paxos make money?

Could you elaborate on the financial model and revenue streams of Paxos? As a leading provider of blockchain-based financial services, I'm curious to understand how Paxos generates profits. Are there specific services or products that contribute significantly to its bottom line? Does Paxos rely primarily on transaction fees, subscription services, or other sources of revenue? Additionally, are there any unique business models or strategies that Paxos employs to differentiate itself in the competitive cryptocurrency and finance landscape?