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What is Paxos Standard?

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 Details

Market Cap $245,337,989
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.

$976,027,014
Circulating Supply 244,951,954 PAX
Total Supply 249,952,065 PAX
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.

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Paxos Standard Team

Registered Company Name

Paxos Trust Company, LLC

Registered Country

United States
Charles Cascarilla
Charles Cascarilla

CEO & Co-Founder

Andrew Chang
Andrew Chang

COO

Rachel Nelson
Rachel Nelson

Associate General Counsel | Chief Compliance Officer

Rajesh Nair
Rajesh Nair

VP Engineering

Bharath Jayaraman
Bharath Jayaraman

VP of People

Marisa Goldberg
Marisa Goldberg

Director of Talent Development