Paxos Standard Token (PAX): Price, Charts and Market Cap

Paxos Standard Token Paxos Standard Token website
Symbol PAX
Nature Token
Brief 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.
Discussion https://paxos.com/standard
Last updated: Monday, August 19, 2019 3:58:12PM UTC
Current price, USD: 1.000
Current price, BTC: 0.0000937
Market capitalization, USD: 191 673 524
Available supply: 191 646 486 PAX
Volume 24 hours, USD: 329 322 570
Mineable No

Paxos Standard Token general information

General PAX facts, technical details and general information about Paxos Standard Token crypto currency


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.

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.

PAX will always be redeemable one-to-one with USD (1 PAX = $1 USD), providing a stable and common currency for digital transactions. No fees to convert to PAX, no PAX transaction fees, low conversion minimum ($100 USD), and no redemption fees.

Settle any digital transaction on the Ethereum blockchain with PAX to convert assets back into dollar-equivalent denominations 24/7, even outside of traditional banking hours. You will always be able to redeem PAX for USD within one business day.

The entire supply of PAX is collateralized by USD in dedicated omnibus cash accounts at FDIC-insured U.S. banks. Nationally top-ranking auditing firm Withum performs attestations (using standards established by the AICPA) on these accounts and the PAX tokens on a month-end basis to ensure they are consistent.

Our global team provides customer service 24/7. Get a dedicated account manager with minimum purchase of $100K.

Historical data for Paxos Standard Token

We list daily Paxos Standard Token historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Aug 10 0.999 0.999 1.008 192 278 878
Aug 11 0.998 0.998 1.003 198 653 166
Aug 12 0.998 0.998 1.003 198 677 731
Aug 13 1.000 1 1.005 191 847 246
Aug 14 1.002 0.999 1.006 184 931 807
Aug 15 1.003 0.987 1.012 180 413 553
Aug 16 1.005 0.993 1.007 186 028 364
Aug 17 1.001 1 1.004 186 004 855
Aug 18 1.002 0.999 1.003 186 028 425
Aug 19 1.002 1 1.005 191 673 524

PAX/USD Exchange Rates


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

Paxos Standard Token

Paxos Standard Token (PAX) price change (24h)

PAX price change 24 hours -0.21%
PAX price change 7 days -0.17%
Paxos Standard Token Price Prediction

What is even the point of trading PAX? It's a stable coin that people hardly even use and it's usually losing value- not gaining. I just don't see a stable coin's point since it still loses people money in the long run. It would make way more sense to just sit in Tether if you were going to pick one.

Ben   March 31, 2019  

PAX is still my favorite coin. I've made money just holding it, but it's also really easy to get my money out of crypto. Before the crash in April, I transferred all mhy crypto holdings to PAX, and this saved my portfolio because it actually went up in value. Since everyone was abandoning ship into stable coins, they actually increased over one dollar.

Pablo   March 14, 2019  

PAXOS is a great Stablecoin. It's a completely regulated and transparent digital dollar. It's audited and regulated by New York's top financial regulators you can't get more legit then that. Tether has nothing on PAXOS, and I don'�t get how people aren't using this. Why would you ever convert your crypto or dollars into a stablecoin like Tether that isn't audited or backed by anything? This seems like a really dangerous plan and people should really consider where they leave their money. It would be best if people were more responsible and started supporting regulated and honest cryptocurrency projects that would make us all look more legit!

Frank   February 27, 2019  

Since it is fully provided with dollars, Paxos Standard offers a flexible, digital alternative to cash, which is available around the clock for instant transaction settlement and is fully redeemed.

Zedd   December 1, 2018  

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Paxos Standard Token News & Forecasts

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