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Market Cap $675,730,240
24H Volume $111,049,146
Circulating Supply 675,099,791 PAX
Total Supply 675,099,791 PAX
All-Time High $1.08802
% from ATH -8%
ATH Date Mar 12, 2020
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 Technical Details
Hash Algorithm None
Org. Structure Centralized
Development Status On-going development
Hardware Wallet Yes
- 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.
CEO & Co-Founder
Co-Founder & CEO Asia
Global Head of Operations
SVP of Engineering
General Counsel & Chief Compliance Officer
Executive Director of Post-Trade
VP of Marketing & Comms