Paxos Standard Token ( PAX ) is a Digital Asset which is categorized as a Cryptocurrency Token and is Not Mineable Digital Asset. Paxos Standard Token ( PAX ) Latest Price in USD is $1.00 with a Loss of (-0.09 %)
in last 24 hours.Paxos Standard Token ( PAX ) 24 hours Trade Volume in USD is $143,666,090. Paxos Standard Token ( PAX ) Market Capitalization in USD is $118,079,372. Paxos Standard Token ( PAX ) has a Circulating Supply of 114,247,546 PAX with a Max Supply of 114,484,621 PAX . Paxos Standard Token ( PAX ) All Time High (ATH) Price in USD is - which was on - . Paxos Standard Token ( PAX ) is ranked #44 by Market Capitalization with a market dominance of 0.09 . Most Traded pair of Paxos Standard Token ( PAX ) is - on - Exchange with a 24 hours trade Volume of - which is 00.00% of total trade volume reported on - Exchange in past 24 hours. You can find more information about Paxos Standard Token ( PAX ) at https://www.paxos.com/standard/
• Paxos is regulated by the New York State Department of Financial Services.
• PAX was issued by the Paxos Trust Company on September 14, 2018
• PAX is an ERC-20 Stable Coin
PAX offers Instant worldwide transactions, Immutability, Decentralized accounting & 24/7 transactions. 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. Every PAX token is fully backed by the equivalent amount of U.S. dollars, meaning it can also be redeemed for USD at any time. The company is led by its co-founder and CEO Charles Cascarilla. Paxos uses third-party auditors for proving they hold the corresponding amount of dollars.