Paxos Standard Token

Buy Paxos Standard Token
rank 57

1,00126 $

Paxos Standard is regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions.

Paxos Standard (PAX) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet.

Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space.

The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology.

Paxos Standard Token (PAX) is a cryptocurrency token issued on the Ethereum platform. Paxos Standard Token (PAX) price for today is $1,00 with a 24-hour trading volume of $183,023,633

Coin type: token
Open source: No
Development status: On-going development
Hardware wallet: Yes
Proof type: Not mineable
Org structure: Centralized
Hash algorithm: None
Circulating supply: 244 951 954 PAX
Total supply: 249 952 065 PAX