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 | 57.6% | 84 | $29 815.26 | 1.01% | -0.39% | $567 877 135 044 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 56.8% | 88 | $2 000.88 | 1.06% | -2.66% | $241 865 980 181 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $0.998909 | 0.01% | -0.01% | $73 195 168 297 |  |
|
| 4 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000209 | -0.03% | 0.01% | $53 074 379 147 |  |
|
| 5 |  BNB |
Binance Coin predictions | 59.6% | 88 | $316.28 | 1.60% | 6.46% | $51 641 959 049 |  |
|
| 6 |  XRP |
XRP predictions | 60.4% | 89 | $0.416706 | 0.37% | -1.83% | $20 144 872 785 |  |
|
| 7 |  BUSD |
Binance USD predictions | 96% | 1 | $1.000981 | 0.08% | 0.01% | $18 535 892 542 |  |
|
| 8 |  ADA |
Cardano predictions | 59.2% | 91 | $0.534887 | -0.11% | -1.96% | $18 046 551 403 |  |
|
| 9 |  SOL |
Solana predictions | 58.8% | 88 | $51.78 | 2.12% | -1.78% | $17 567 814 140 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 56.8% | 92 | $0.085246 | 0.16% | -3.86% | $11 309 686 383 |  |
|
| 11 |  DOT |
Polkadot predictions | 56.4% | 87 | $10.07 | 1.95% | -6.03% | $9 947 461 943 |  |
|
| 12 |  AVAX |
Avalanche predictions | 59.6% | 90 | $31.50 | 5.22% | -8.25% | $8 476 885 368 |  |
|
| 13 |  WBTC |
Wrapped Bitcoin predictions | 57.6% | 84 | $29 803.20 | 1.19% | -0.35% | $8 243 652 197 |  |
|
| 14 |  TRX |
TRON predictions | 70.8% | 53 | $0.076135 | 1.95% | 11.63% | $7 366 247 062 |  |
|
| 15 |  DAI |
Dai predictions | 94% | 1 | $0.999947 | -0.11% | -0.03% | $6 528 397 233 |  |
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed. The past week has not been an easy one...
ETH bulls are aiming to flip $2,000 back to support, but these two metrics point toward further downside. Ether (ETH) price has been trying to establish an ascending channel since the May 12...
The price of bitcoin slid last week after a wider stock sell-off in the U.S. sent the cryptocurrency market into a frenzy, prompting the digital asset to plummet towards $36,000...
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more...
On Monday, Bitcoin was down 3.6%, ending the day around $29.9, but is trading back above $30K on Tuesday morning. Ethereum has little changed over the past 24 hours (-0.4%)...
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors - mainly because LUNA momentarily gained 600% in value on Saturday...
