Rank #54
USDP Paxos Standard
USDP Price
$1.00456
+0.45% 24H Price Chart
Market Cap
$882.09M
24H Volume
$1.43M
Circ Supply
878.08M
USDP Explorer & Contracts
Paxos Standard Background
Paxos Standard is regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions.
Paxos Standard Features
- TRUSTED. Paxos is a Trust company, regulated by the New York State Department of Financial Services, with deep experience as an intermediary between fiat and digital assets. Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD.
- STABLE. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions.
- AUDITED. The entire supply of PAX is collateralized by USD in dedicated omnibus cash accounts at FDIC-insured U.S. banks.
Paxos Standard News
Paxos Standard Organization & Team
Charles Cascarilla
CEO & Co-Founder
Andrew Chang
COO
Rich Teo
Co-Founder & CEO Asia
Nancy Dornbush
Global Head of Operations
Corey Wendling
SVP of Engineering
Daniel Burstein
General Counsel & Chief Compliance Officer
Seth Phillips
Executive Director of Post-Trade
Dorothy Chang
VP of Marketing & Comms
Paxos Standard Wallets
Paxos Standard Exchanges
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