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 | $1.00 |
| Change 24h | 0.04% |
| Change 7d | 0.01% | Market Cap | $907 425 114 |
| Available supply | 907 086 598 PAX |
| Volume 24h | $90 659 521 |
| Updated | Saturday, July 24, 2021 11:00:15PM 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 | $1.00 | 0.01% |
|---|
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, $ |
|---|---|---|---|---|
| Jul 15 | 1.00 | 0.999882 | 1.00 | 888 460 082 |
| Jul 16 | 1.00 | 1.00 | 1.00 | 889 233 367 |
| Jul 17 | 1.00 | 0.999730 | 1.00 | 889 278 144 |
| Jul 18 | 1.00 | 0.999531 | 1.00 | 889 553 004 |
| Jul 19 | 1.00 | 0.999970 | 1.00 | 893 992 094 |
| Jul 20 | 0.999937 | 0.999890 | 1.00 | 896 756 081 |
| Jul 21 | 1.00 | 0.999881 | 1.00 | 905 038 736 |
| Jul 22 | 1.00 | 0.999274 | 1.00 | 904 106 725 |
| Jul 23 | 1.00 | 0.999899 | 1.00 | 907 667 355 |
| Jul 24 | 1.00 | 0.999629 | 1.00 | 907 425 114 |
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.
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| 1 |  BTC Buy |
Bitcoin predictions | 84.4% | 26 | $34 045.90 | 2.74% | 7.59% | $638 891 979 121 | $22 533 180 129 |
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| 2 |  ETH Buy |
Ethereum predictions | 74.4% | 52 | $2 172.21 | 3.93% | 14.30% | $253 774 371 153 | $16 255 419 996 |
| 3 |  USDT Buy |
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| 4 |  BNB |
Binance Coin predictions | 78.4% | 35 | $300.06 | 2.37% | -0.28% | $50 451 345 072 | $1 679 325 000 |
| 5 |  ADA |
Cardano predictions | 70% | 57 | $1.22 | 2.53% | 3.66% | $39 155 548 022 | $1 242 939 257 |
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XRP predictions | 77.2% | 45 | $0.606912 | 1.25% | 3.69% | $28 078 949 092 | $2 007 736 740 |
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USD Coin predictions | 92.4% | 1 | $1.00 | 0.03% | 0% | $27 000 659 853 | $1 932 613 642 |
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| 9 |  DOT Buy |
Polkadot predictions | 64.8% | 67 | $13.74 | 4.82% | 11.15% | $13 438 678 673 | $912 768 336 |
| 10 |  BUSD |
Binance USD predictions | 92% | 1 | $1.00 | 0.02% | 0.01% | $11 716 522 576 | $4 803 510 850 |
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UniSwap predictions | 71.2% | 64 | $18.34 | 0.71% | 13.33% | $10 770 047 776 | $339 377 088 |
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Bitcoin Cash predictions | 72% | 55 | $457.30 | 1.32% | 4.07% | $8 596 473 089 | $1 025 857 248 |
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Litecoin predictions | 74.8% | 51 | $125.00 | 2.16% | 3.61% | $8 344 241 701 | $1 164 473 099 |
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Solana predictions | 77.6% | 36 | $28.44 | 2.36% | 5.46% | $7 753 808 679 | $373 428 284 |
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