Paxos Standard current price is $1.000.

Paxos Standard current price is $1.000.


Paxos Standard current price is $1.000 with a marketcap of $322.82 M. Its price is -0.54% down in last 24 hours.


Buy / Sell Paxos Standard
  • paxos-standard
    Paxos Standard (PAX)
  • Live Price
    $1.000
  • 24h %
    -0.54%
  • Market Cap
    $322.82 M
  • Volume
    $162.21 M
  • Available Supply
    322.49 M PAX
  • Rank
    50

Crypto Calculator

Enter Amount
Base Currency
Convert To

10 Paxos Standard (PAX)
=
10.000USD

Price Chart


Loading Chart...

More Info About Coin

Paxos Standard (PAX) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology. Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology. Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that. The Paxos Standard (PAX) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.

Historical Data

Date Price Volume MarketCap

Markets / Exchanges

**You can show markets data only by installing “Cryptocurrency Exchanges List Pro” WordPress plugin with “Coin Market Cap & Price” plugin.
# Exchange Pair Price Volume (24h) Updated

Twitter News Feed

Greenlisted by @NYDFS, Paxos stablecoins hold the highest regulatory standards in the space. Check out our August attestation for $PAX @PaxosStandard and $BUSD @Binance USD here https://www.paxos.com/attestations/

PAX Gold $PAXG is one year old and now available on @Gemini!
There are 78 LBMA #gold bars backing the entire 30,000+ supply of $PAXG tokens, equalling nearly $60 million in market cap. https://bit.ly/2RdtyLA

Today’s the 2nd anniversary of $PAX @PaxosStandard - the 1st regulated USD-stablecoin. To date, more than $1.9B $PAX tokens have been issued and more than $200B transactions processed. $PAX is available globally across exchanges, wallets, DeFi platforms and more
#stablecoin

Paxos Settlement Service’s third broker-dealer client @SocieteGenerale is now using our service to settle U.S. listed equity trades. Read more here https://bit.ly/2Znx4aD
#PaxosSettlementService

As a regulated fintech firm, Paxos has been a pioneer in creating some of the most innovative crypto products and enterprise solutions. We are looking for the best talent to join us! https://www.paxos.com/careers/

Load More...

Submit Your Reviews

Welcome Back!

Login to your account below

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.

Retrieve your password

Please enter your username or email address to reset your password.

Add New Playlist