1H
0.07%$0.0007
24H
0.07%$0.0007
7D
0.09%$0.0009
30D
0.03%$0.0003
Pax Dollar (PAX) is a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens to ‘transact at the speed of the internet’. It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a charter from the New York State Department of Financial Services, which allows it to offer regulated services in the cryptoasset space.
With efforts to bring crypto enthusiasts closer to being more familiar with the industry, here is a guide on one of the industry’s smart asset blockchains, the New Economy Movement (NEM).
In this guide, we will unravel the critical concepts surrounding blockchain interoperability, including omnichain, multichain, and cross-chain technologies.