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 Charts
Charts by CryptoCompare
Paxos Standard Token Details
Market Cap $182,434,437
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.
$203,622,389 Trusted Volume 24H
Trusted Volume calculates volume only from reputable crypto exchanges without fake volumes, all of which are considered to list accurate trading volumes.
$51,731,930 Circulating Supply 179,374,357 PAX
Total Supply 179,374,584 PAX
NVT Ratio
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.
3.45 Team Location New York, NY U.S.
Paxos Standard Token Technical Details
Blockchain Ethereum (ERC20)
Paxos Standard Token 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 Token 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