usdp Pax Dollar
$ 0.9999
0.00001322 BTC
1,322 satoshies
Market Cap
67,95 MLN. $
24 Hour Trading Vol
2,75 MLN. $
Circulating Supply
67,95 MLN.
Total Supply
67,95 MLN.
Max Supply
-
Fully Diluted Valuation
67,95 MLN. $
Low
Range
High
Info
Contract
0x8e870d67f660d95d5be530380d0ec0bd3882
89e1
Website
Explorers
Community
Search on
API id
Source code
tags
1h
24h
7d
1m
1y
max
0%
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0%
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Pax Dollar Price Statistics
0.9999 $
1.0009699 $ / 1.001992 $
2,75 MLN. $
#711
67,95 MLN. $
1.18 $
-15.17%
16 April, 2024, (a year ago)
0.8635 $
15.91%
19 May, 2021, (4 years ago)
Pax Dollar Top Markets
#
Exchange
Pair
Trust Score
Pax Dollar Performance
Trading Pair
day
week
month
usdp
/
usd
-0.003%
-0.003%
-0.0022%
usdp
/
btc
-0.89%
-4.44%
4.24%
usdp
/
eth
-4.19%
-8.9%
0.18%
About Coin
Pax Dollar (USDP) 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 describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology.
Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that.
The Pax Dollar (USDP) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.
Where is Pax Dollar available for purchase?
You can exchange USDP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Pax Dollar is Azbit, notably the USDP/USDT pair, which saw a trading volume of $ 1,29 MLN. in the past day. Additionally, WEEX and BitMart are popular alternatives for trading tokens.
What is the highest value Pax Dollar (USDP) has ever reached?
Pax Dollar (USDP) reached its peak price at 1.18 $ on 16 April 2024, approximately a year ago ago. Presently, the current price is -15.25% lower than this all-time high.
What is the historical minimum price for Pax Dollar (USDP)?
The minimum price reached for Pax Dollar (USDP) was 0.8635 $, documented on 19 May 2021, more than 4 years ago. In comparison, the current price is 15.8%, it above this historical low.
What is the fully diluted valuation of Pax Dollar (USDP)?
The fully diluted valuation (FDV) of Pax Dollar (USDP) stands at $ 67,95 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USDP tokens. The realization of this FDV might take several years depending on the emission schedule of USDP tokens.
How to add Pax Dollar (USDP) to MetaMask?
By integrating Pax Dollar (USDP) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import USDP as a token. You can either manually import USDP by copying its contract address (0x8e870d67f660d95d5be530380d0ec0bd388289e1) or use MetaMask's Chrome extension to add USDP with a single click through P.CASH.
How to add Pax Dollar (USDP) to TrustWallet?
Incorporating Pax Dollar (USDP) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include USDP, you can either manually import it using the contract address (0x8e870d67f660d95d5be530380d0ec0bd388289e1) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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