Rank 44

Paxos Standard Token

PAX

Avg. Price

$1.02 USD

24hr change

0.15%

PAX/USD Calculator

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Market Cap / USD

$115,165,114

Circulating Supply

113,335,035

Volume 24hr / USD

$70,586,448

Total Supply

113,977,149

What is Paxos Standard Token?

  • Token

Paxos Standard is a “stablecoin,” which has characteristics unique to digital assets, but without price volatility. Paxos Standard tokens are backed 1:1 by USD held in US bank accounts. It trades under the ticker symbol PAX on exchanges around the world. Issued by the Paxos Trust Company and running on the Ethereum blockchain protocol, Paxos Standard offers increased speed, mobility, flexibility and accessibility for assets within the global financial system.

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