USDP Paxos Standard
USDP Price
$1.00407
+0.35% 24H Price Chart
Rank #
60
Market Cap
$949.49M
24H Volume
$10.09M
Circ Supply
945.64M
Table of Contents
Source: USDPUSD Chart by TradingView
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 Technology
Blockchain Ethereum
Hash Algorithm None
Org. Structure Centralized
Development Status On-going development
Hardware Wallet Yes
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.
Simetri USDP Report
USDP Network & Signals
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Paxos Standard Wallets
Paxos Standard Exchanges
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 Recent Tweets
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