Pax Dollar USDP
#774$0.997−0.1% 24hMarket cap $22.4M24h volume $449,758
Overview
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Best flexible rates
No Earn products for USDP right now
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Active launchpools
No active launchpools with USDP right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
None of the 11 exchanges on Polarly has Earn products or launchpools with USDP
About Pax Dollar
- Market cap
- $22.4M
- #774 on the market
- Volume 24h
- $449,758
- 2.0% of market cap
- Circulating
- 22.5M USDP
- no max supply
- All-time high
- $1.18
- 16 Apr 2024 · −15.5% from ATH
- All-time low
- $0.864
- 19 May 2021
- Type
- Stablecoin
- Stablecoins
- USD Stablecoin
- Solana Ecosystem
- Ethereum Ecosystem
- +3
Website ↗ · Explorer ↗ · X ↗ · GitHub ↗ · Whitepaper ↗
Project description
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.
Read more
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 some of the top cryptocurrency exchanges, Binance, OKEx, Gate.io, 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…
Source: CoinGecko
Earn on USDP
No Earn products for USDP on the 11 exchanges right now
Questions and answers
- What is Pax Dollar (USDP)?
- 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. Categories: Stablecoins, USD Stablecoin, Solana Ecosystem, Ethereum Ecosystem, Multicoin Capital Portfolio, Fiat-backed Stablecoin, Paxos Ecosystem, GENIUS Act Compliant Stablecoin.
- How many USDP are there and what is the maximum supply?
- 22.5M USDP are in circulation; the maximum supply is not capped.
- What is the all-time high price of USDP?
- $1.18 (16 Apr 2024). This is a historical value, not the current price. The price is now $0.997, 15.5% below the high.
Launchpools with USDP
There have been no launchpools with USDP