Stablecoin Watch
Total Market Cap: $35.94B
Coins Chains
Total $ on ETH: $24.91B
Total 24h Volume: $157.44B
Total % on ETH: 69.3%

Paxos Standard is issued on 1 platform(s)

Platform
Amount (PAX)
Explore Contract
575,545,318

Paxos Standard

(PAX)

Source Price (USD) Market Cap Total Supply Circulating Supply 24h Vol
Coin Market Cap 0.998 $244.4M 250.0M $245.0M $241.8M
Messari 1.002 $245.4M $245.0M $12.3M
CoinGecko 0.995 $575.2M 575.5M $575.5M $95.2M
Stablecoin Watch $574.4M 575.5M $575.5M

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.