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  • PAX Standard | Paxos

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    Feb 14, 2021 · The crypto-asset space is early in maturation, and initial use cases for PAX will be distinct from future use cases. Today, Paxos Standard can be used to limit exposure to crypto-asset volatility, to remove cross-border transaction fees and
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Paxos Standard follows the ERC-20 protocol, which is a standard for smart contracts on the Ethereum blockchain. The ERC-20 standard specifies a set of standard functions to manage transactions and track account balances. Some of the advantages of the Paxos Standard ERC-20 token are listed below: High utility
What Is Paxos Standard (PAX)? Founded in September of 2018, Paxos Standard is a flat-collateralized stablecoin.Stablecoins are cryptocurrencies that are designed to minimize the volatility of the price of the stablecoin, relative to a certain stable asset or a basket of assets.
The Paxos Standard Token is a stablecoin running on Ethereum that attempts to maintain a value of US$1.00. The supply of PAX is collateralized by US dollars held in US banks. Resources. Official website. Whitepaper.
Paxos Standard price today is $0.997772 with a 24-hour trading volume of $71,134,178. PAX price is up 0.0555138410973606% in the last 24 hours. It has a circulating supply of 1.3 Billion PAX coins and a max supply of 1.26 Billion. If you are looking to buy or sell Paxos Standard, LBank is currently the most active exchange.
Sign in to your Paxos account to purchase, redeem and trade digital assets including PAX, PAX Gold, BUSD, BTC, BCH, LTC and ETH. Email Address . Password . Sign In. OR. Sign in with Google. Don't have an account? Sign Up. Reset your password ··· Company ··· About Paxos Standard ...
Paxos (PAX) is a USD-pegged cryptocurrency, otherwise known as a stablecoin developed by Paxos Trust Company. It is 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 ...
Paxos Standard is a collateralizable fiat currency based on Ethereum (ETH) blockchain technology.It is pegged against the US dollar, hence referred to as a stablecoin. It’s also widely known as ...
Paxos standard USD price, real-time (live) charts, PAX crypto and videos. Learn about PAX value, Paxos standard news, crypto trading and more.
Paxos Standard Review: Secure & Collateralized Stablecoins. On September 10, 2018, the New York based blockchain company Paxos announced the release of a new stablecoin called Paxos Standard, with the ticker symbol PAX. This is a fully USD-collateralized stablecoin that is being released by Paxos Trust Company.
Behind the scenes, Paxos takes care of trading and custody." "Paxos' announcement heralds one of the biggest developments in the world of equities settlement." "To launch the feature, PayPal said it had teamed up with cryptocurrency startup Paxos." "Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including ...
Paxos Standard Token (PAX) is a regulated ERC-20 stablecoin, which maintains 1:1 parity with the U.S. dollar. It was issued by the Paxos Trust Company on September 14, 2018, and is regulated by the New York State Department of Financial Services (NYDFS).
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