Paxos Standard Token (PAX)

Paxos is the first Blockchain-powered Trust, building products to simplify settlement and eliminate risk. 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.
Rank 51
Price $1.02
Market Capitalization $132 684 373
24 Hours Volume $79 616 988
Available Supply 130 174 658 PAX
Total Supply 82 040 663 PAX
Change (1 Hour) 0.54%
Change (24 Hours) 0.38%
Change (7 Days) 2.08%
Paxos Standard Token News
October 22nd, 2018

The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million.

October 19th, 2018

Binance is actively looking to list more stablecoins in addition to the three it already supports and is currently evaluating almost all the stablecoins on the market.

October 17th, 2018

Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.

October 15th, 2018

Owing to growing concerns of Tether’s suspicious operations, cryptocurrency exchanges are considering to adopt other secure stablecoin offerings.