Stablecoin Watch
Total Market Cap: $26.80B
Coins Chains
Total $ on ETH: $19.08B
Total 24h Volume: $55.38B
Total % on ETH: 71.2%

Paxos Standard is issued on 1 platform(s)

Platform
Amount (PAX)
Explore Contract
406,698,990

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 $112.5M
Messari 1.000 $245.0M $245.0M $11.8M
Stablecoin Watch $405.8M 406.7M $406.7M

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.