| General information | |
|---|---|
| Global rank: | 347 |
| Name: |
Pax Dollar |
| Symbol: | USDP |
| Current coin price (PHP): | 56.19 ₱ |
| Last hour: | arrow_downward-0.010 % |
| Last 24 hours: | arrow_upward0.100 % |
| Last 7 days: | -0.100 %trending_down |
| Capitalisation (PHP): | 6 018 837 422.91 ₱ |
| Volume 24h (PHP): | 52 979 489.56 ₱ |
| Available supply: | 107 115 484.00 USDP |
| Total coin supply: | 137 185 672.00 USDP |
| Algorithm: | ETH Token |
| Proof type: | PoW |
| Start date: | 10/09/2018 |
Pax Dollar/Philippine Peso (USDP/PHP) price chart
Pax Dollar/Philippine Peso (USDP/PHP) capitalisation and volume charts
Paxos Standard (PAX) is a stable coin owned by Paxos Trust Company, LLC. It combines the stability of the dollar with the efficiency of blockchain technology.
Paxos is regulated by the New York State Department of Financial Services, which has deep experience and knowledge as an intermediary between fiat and digital assets.
Built on the Ethereum blockchain, it offers the benefits of crypto-assets such as immutability and decentralized accounting. Since it is fully collateralized by dollars, Paxos Standard offers a liquid and digital alternative to cash, available 24/7 for instantaneous transaction settlement and fully redeemable.
Paxos Standard has been designed as an Ethereum token written according to the ERC-20 protocol so that anyone with an Ethereum wallet will be able to send and receive Paxos Standard tokens. The smart contract has been audited by smart contract auditors Nomic Labs and ChainSecurity, and nationally top-ranking auditing firm Withum will perform attestation procedures on their token and bank account balances on a month-end basis.
Why Use Paxos Standard: