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.
PAX Price Chart
Charts by CryptoCompare
Paxos Standard Details
Market Cap $237,242,265
Reported Volume 24H
Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.
$347,922,963 Circulating Supply 235,668,847 PAX
Total Supply 235,668,928 PAX
NVT Ratio
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.
Team Location New York, NY U.S.
Paxos Standard Technical Details
Blockchain Ethereum (ERC20)
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 Team
Registered Company Name
Paxos Trust Company, LLC
Registered Country
United States
CEO & Co-Founder
COO
Associate General Counsel | Chief Compliance Officer
VP Engineering
VP of People
Director of Talent Development
Trade PAX
Sponsored
Crypto Trading Done Right
Manage and trade all of your exchange accounts from one powerful, easy-to-use, and secure platform. TRADE FREE
Data Accuracy and Transparency
Real-time and manually curated cryptocurrency data brought to you by CoinMarketCap, CryptoCompare, IntoTheBlock and CryptoSlate.