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Rank #348
USDP Pax Dollar
USDP Price
$1.00017
+0.03% Market Cap
$107.77M
24H Volume
$324.21K
Circ Supply
107.75M
Pax Dollar Info
Pax Dollar (previously Paxos Standard) is a 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 Dollar 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.
Pax Dollar News
Pax Dollar 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
Pax Dollar Wallets
Pax Dollar Exchanges
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