Stablecoin Watch
Total Market Cap: $162.45B
Coins Chains
Total $ on ETH: $114.43B
Total 24h Volume: $89.40B
Total % on ETH: 70.4%

Pax Dollar is issued on 1 platform(s)

Platform
Amount (USDP)
Explore Contract
1,023,210,365

Pax Dollar

(USDP)

Source Price (USD) Market Cap Total Supply Circulating Supply 24h Vol
Coin Market Cap 1.000 $945.8M 945.6M $945.6M $12.0M
Messari 1.000 $943.5M $945.6M $22.1M
CoinGecko
Stablecoin Watch $1.02B 1.02B $1.02B

Pax Dollar 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.