Stablecoin Watch
Total Market Cap: $22.86B
Coins Chains
Total $ on ETH: $16.55B
Total 24h Volume: $58.03B
Total % on ETH: 72.4%

Paxos Standard is issued on 1 platform(s)

Platform
Amount (PAX)
Explore Contract
380,445,256

Paxos Standard

(PAX)

Source Price (USD) Market Cap Total Supply Circulating Supply 24h Vol
Coin Market Cap 0.998 $244.5M 250.0M $245.0M $283.6M
Messari 1.000 $245.1M $245.0M $10.6M
Stablecoin Watch $379.8M 380.4M $380.4M

Paxos Standard Description

Paxos Standard is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. The Paxos Standard tokens (PAX) are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 by USD held in Paxos-owned US bank accounts. It is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and BUSD.