Paxos Standard Token

Exchange PAX
Price History
Market Cap
237,077,069 USD
24h Volume
36,462,619 USD
Circulating Supply
237,000,555 PAX
Max Supply
0.00000 PAX
Paxos Standard Token Overview
Paxos Standard is regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions.
Consensus Method
Ethereum Consensus
Status of Project
Fully Working Product
Coin Age
12 months
Block Processing
Emission Rate
No New Tokens Created
Community size
Open Source
Charles Cascarilla
Team Memberes
8 member, 1 developers
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Paxos Standard Token News
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Paxful Joins Forces With CoinLogiq to Bring Crypto ATMs to Columbia and Peru
The global peer-to-peer Bitcoin marketplace, Paxful, and Medellin-based blockchain company, CoinLogiq, are joining forces to bring 20 new crypto ATMs to Colombia and, later, 25 to Peru.Colombians will have access to 20 new ATMsIn a press release shared with Cointelegraph on Sept. 5, Paxful announced that it is joining forces with CoinLogiq to bring 20 new ATMs to several points of interest to the main Colombian cities such as Bogota and MedellĂ­n.
Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
Stablecoin operator Paxos launched PAX Gold, a gold-backed Ethereum token.
Paxful Plans to Bring 20 Crypto ATMs to Colombia
A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia.
Paxos Launches Gold-Backed Cryptocurrency
Many bitcoiners are former gold bugs who believe in "Hard money," so one crypto company is hoping digitized gold will attract more traders.
Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin 'BUSD'
Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services.
Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD
The company behind the Paxos Standard stablecoin announced that its users can now instantaneously redeem unlimited amounts of its tokens for United States dollars.
PAX Streamlines Redemptions in Battle for Stablecoin Market Share
CEO of the stablecoin issuer Paxos, welcomes the analogy.
Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War
Dollar-backed stablecoins are generally supposed to be worth $1, whether it's Gemini's GUSD or Paxos' PAX. But according to four sources with knowledge of these cryptocurrency exchanges, both stablecoin-issuers privately offered over-the-counter [OTC] trading desks up to a 1 percent discount if traders used these tokens in some fashion before redeeming them for USD. "They were offering that as a sweetener for getting it kick-started with adoption," an OTC trader, who asked to stay anonymous, told CoinDesk.
Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa
Regardless of bitcoin's price volatility, 2018 saw an explosion of activity among African users.
PAX Stablecoin Exceeds $5 Billion in Transactions in First 3 Months
U.S. dollar-backed stablecoin Paxos Standard has exceeded $5 billion worth of transaction volumes, according to a press release shared with Cointelegraph Dec. 13.