Paxos Standard Token (PAX) Price, Market Cap and Information
| Paxos Standard Token (PAX) | Buy Paxos Standard Token Now |
|---|---|
 |
Paxos Standard is the first digital asset issued by a financial institution, and is fully collateralized by USD. PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. |
| CVIX | 1 |
| Current price | $0.995983 |
| Change 24h | 0.41% |
| Change 7d | -0.41% | Market Cap | $941 844 608 |
| Available supply | 945 642 940 PAX |
| Volume 24h | $66 903 614 |
| Updated | Friday, September 10, 2021 4:00:11AM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Paxos Standard Token price change 24 hours
Paxos Standard Token Short Term Forecast
| After | Price | Change |
| 1 day | $1.99 | 100.00% |
|---|
Paxos Standard Token General Information
General PAX facts, technical details and Paxos Standard Token Cryptocurrency information
Paxos Standard (PAX) was built so that money can move fast. PAX is a digital dollar. Like other crypto assets, it can move instantaneously, anywhere in the world, any time of any day, and it’s programmable. Unlike other crypto assets, PAX is stable. It is backed 1:1 for the dollar and it’s issued by the Paxos Trust Company, so the funds are carefully protected, audited and regulated. It’s a piece of our future vision for a frictionless, global economy, where all assets can move anywhere instantaneously, 24/7.
Ethereum is a decentralized blockchain-based ledger that supports smart contracts, and is the most widely-used digital-asset platform. 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
- Seamless wallet support and exchange integration. Any provider that has implemented ERC-20 code can support the token on their platform
An open network enables use-cases impossible on a closed network
Maximum end-user trust
- Users do not have to trust a given exchange to hold their token
- Reduced liquidity risk – each user can redeem from our regulated trust which publicly ensures they have enough cash on hand
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 to move between crypto-assets with ease or as payment for other blockchain-based assets.
In the future, Paxos Standard can be used for consumer payments, offering a stable store of value for those outside the United States that face currencies with unpredictable volatility. If this is your first time purchasing PAX to your wallet (Ex: MyEtherWallet, MetaMask), ensure you have added the Paxos Standard token address.
Customer funds are held in segregated accounts at FDIC-insured, U.S.-domiciled banks.
Paxos Standard Token Historical Data – 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|
PAX/USD Price Charts
PAX to USD price chart – 7 days
PAX to USD price chart – 30 days
PAX to USD price chart – 60 days
PAX to USD price chart – 6 months
* Crypto Rating accepts no liability for any errors in the Paxos Standard Token information, PAX Prices and PAX's Market Cap. For the most up-to-date prices please visit the Paxos Standard Token's official website.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 56.8% | 88 | $16 204.64 | -2.14% | 0.42% | $311 432 382 083 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 60% | 85 | $1 173.16 | -3.68% | 3.84% | $143 563 762 696 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $0.999647 | 0.01% | 0.09% | $65 339 620 742 |  |
|
| 4 |  BNB |
Binance Coin predictions | 68% | 66 | $294.91 | -5.89% | 12.96% | $47 177 552 111 |  |
|
| 5 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000120 | 0% | 0% | $44 306 171 640 |  |
|
| 6 |  BUSD |
Binance USD predictions | 94.8% | 1 | $1.000244 | -0.05% | -0.12% | $22 407 001 633 |  |
|
| 7 |  XRP |
XRP predictions | 66% | 75 | $0.383128 | -4.39% | 7.55% | $19 270 850 639 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 59.6% | 90 | $0.094582 | -2.17% | 23.40% | $12 548 267 698 |  |
|
| 9 |  ADA |
Cardano predictions | 61.2% | 81 | $0.305387 | -3.59% | -0.43% | $10 515 677 795 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 68.4% | 68 | $0.820379 | -4.13% | 1.77% | $7 165 449 645 |  |
|
| 12 |  DOT |
Polkadot predictions | 66% | 72 | $5.15 | -4.45% | -2.03% | $5 867 952 400 |  |
|
| 13 |  DAI |
Dai predictions | 94.8% | 1 | $1.000150 | 0.03% | 0.05% | $5 658 820 698 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 60.8% | 79 | $0.052628 | -1.01% | 4.79% | $5 351 021 559 |  |
|
| 15 |  LTC |
Litecoin predictions | 66% | 70 | $71.68 | -6.38% | 18.26% | $5 139 815 623 |  |
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