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Paxos Standard current price is $1.000.

Paxos Standard current price is $1.000 with a marketcap of $407.71 M. Its price is 0.30% up in last 24 hours.


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  • paxos-standard
    Paxos Standard (PAX)
  • Live Price
    $1.000
  • 24h %
    0.30%
  • Market Cap
    $407.71 M
  • Volume
    $140.19 M
  • Available Supply
    407.17 M PAX
  • Rank
    43

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★ More Info About Paxos Standard

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 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 Paxos Standard (PAX) 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.

Paxos Standard Historical Data

Date Price Volume MarketCap

Paxos Standard Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated

Paxos Standard Twitter News Feed

We’ve been building industry-leading products for a modern financial system. We are looking for the best to join us on our mission. Check out our openings https://www.paxos.com/careers/

Digital assets are going mainstream. It’s important to know that you’re trading reliable crypto. Paxos always puts customer asset safety first: all Paxos-issued tokens, @PaxosStandard $PAX, @Binance USD $BUSD and $PAXG, are green-listed by @NYDFS. https://bit.ly/3mXI2xO

Greenlisted by @NYDFS, Paxos stablecoins hold the highest regulatory standards in the space. Check out our August attestation for $PAX @PaxosStandard and $BUSD @Binance USD here https://www.paxos.com/attestations/

PAX Gold $PAXG is one year old and now available on @Gemini!
There are 78 LBMA #gold bars backing the entire 30,000+ supply of $PAXG tokens, equalling nearly $60 million in market cap. https://bit.ly/2RdtyLA

Today’s the 2nd anniversary of $PAX @PaxosStandard - the 1st regulated USD-stablecoin. To date, more than $1.9B $PAX tokens have been issued and more than $200B transactions processed. $PAX is available globally across exchanges, wallets, DeFi platforms and more
#stablecoin

Paxos Settlement Service’s third broker-dealer client @SocieteGenerale is now using our service to settle U.S. listed equity trades. Read more here https://bit.ly/2Znx4aD
#PaxosSettlementService

As a regulated fintech firm, Paxos has been a pioneer in creating some of the most innovative crypto products and enterprise solutions. We are looking for the best talent to join us! https://www.paxos.com/careers/

Starting today, you can deposit $PAXG in a @TheRealBlockFi Interest Account, with an initial APY at 4% on your holdings. Through BlockFi, you can also trade between $PAXG and other assets like $BTC, $ETH, $LTC and $PAX. Read more here https://bit.ly/3jHiTFd
#gold #digitalgold

What is money? We often take our notion of money for granted. Paxos CEO & Co-Founder Charles Cascarilla dissects the fundamental attributes of money and the possibilities for its future. https://bit.ly/2YSC9Ye

There’s growing demand from enterprises to enter the crypto space. That’s why we launched Paxos Crypto Brokerage, a solution where we manage all the tech & regulatory complexity associated with crypto. See what we can do for you here https://www.paxos.com/crypto-brokerage/

PAX Gold $PAXG is now listed on @binance and will be traded against $BUSD, $BTC, and $BNB starting tomorrow at 8AM ET! $PAXG is the only regulated digital #gold token available on Binance. Read more here https://bit.ly/2QqrmA5

Blockchain is one of the most discussed industries in recent years. What is it to work in this space? Like many of you, our product director Kyle Libra had many misconceptions about it before joining Paxos https://bit.ly/315RJBe

As a regulated Trust company that is tech-native, Paxos can connect the traditional financial services and blockchain technology worlds in ways where most other companies are unauthorized to do so. How do we move fast without breaking things? Read more https://bit.ly/3aw49FI

More companies see that the digital asset revolution is coming. Paxos Crypto Brokerage enables companies to integrate crypto capabilities into their own applications while we manage the underlying regulatory and technological complexity. https://www.paxos.com/crypto-brokerage/

We often take money and how it works for granted. So what are the key properties that make money money in today’s world? Here’s Paxos CEO & cofounder Charles Cascarilla talking about the 5 attributes of money https://bit.ly/31X1MrG

At Paxos, we take a compliance first approach. Check out the monthly attestations of the three Paxos-issued tokens - $PAX, $PAXG, and $BUSD, all “greenlisted” by @NYDFS https://www.paxos.com/attestations/

Recently, the @NYDFS issued a “greenlist” of tokens that are pre-approved for its virtual currency licensees to custody and list for trading. All three Paxos-issued tokens— $PAX @PaxosStandard, $BUSD @Binance Dollar and $PAXG are on the list. Read more https://bit.ly/2PSF12J

#Travala Lists $PAX as Payment Method to Book at over 2.2 Million Hotels & Homes Worldwide including accommodations from Bookingcom, Expedia and Agoda via strategic partnerships.

@PaxosStandard @PaxosGlobal #stablecoin #crypto #Pax

https://blog.travala.com/travala-com-lists-pax-as-payment-method-to-book-at-over-2-2-million-hotels-homes-worldwide/

Have you been watching the #gold market? The market cap of $PAXG increased by $6M just last week. Learn more about why $PAXG is the most trusted digital gold token available https://www.paxos.com/paxgold/

Live Video #AMA with @whessert, Head of Strategy at @PaxosGlobal. Tune in now! https://www.pscp.tv/w/cf_4AjFWR2p2YWVndnJKS098MXJtR1BZYnlZcXlKTmPC_gdTXnay3GgRRFBb9l60FnOKFw34xgTLDqPzi-FT

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