Paxos Standard Paxos Standard PAX
Paxos Standard Price (PAX) Rank #70 $ 1.0 (USD) -0.08967%

Paxos Standard (PAX) price graph

What is Paxos Standard (PAX) ?

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.

What is the current price of Paxos Standard (PAX) ?

The recent Paxos Standard (PAX) price today is $1.0 USD. We update our PAX to USD on frequent basis. The current Paxos Standard situation is down -0.08967% in last 24 hours. The current grepget rank is #70. Paxos Standard has a circulating supply of 942,874,854.24 PAX.

Paxos Standard 24hr exchanges
# Exchanges Symbol Price High Price Low Price Volume Trade Count
1 Binance USD Buy PAXBTC 0.00000000 0.00000000 0.00000000 0.0 0
2 Binance USD Buy PAXBNB 0.00000000 0.00000000 0.00000000 0.0 0
3 Binance USD Buy PAXUSDT 0.00000000 0.00000000 0.00000000 0.0 0
4 Binance USD Buy PAXETH 0.00000000 0.00000000 0.00000000 0.0 0
5 Binance USD Buy BNBPAX 0.00000000 0.00000000 0.00000000 0.0 0
6 Binance USD Buy BTCPAX 0.00000000 0.00000000 0.00000000 0.0 0
7 Binance USD Buy ETHPAX 0.00000000 0.00000000 0.00000000 0.0 0
8 Binance USD Buy XRPPAX 0.00000000 0.00000000 0.00000000 0.0 0
9 Binance USD Buy EOSPAX 0.00000000 0.00000000 0.00000000 0.0 0
10 Binance USD Buy XLMPAX 0.00000000 0.00000000 0.00000000 0.0 0
11 Binance USD Buy PAXTUSD 0.00000000 0.00000000 0.00000000 0.0 0
12 Binance USD Buy USDCPAX 0.00000000 0.00000000 0.00000000 0.0 0
13 Binance USD Buy LINKPAX 0.00000000 0.00000000 0.00000000 0.0 0
14 Binance USD Buy WAVESPAX 0.00000000 0.00000000 0.00000000 0.0 0
15 Binance USD Buy BCHABCPAX 0.00000000 0.00000000 0.00000000 0.0 0
16 Binance USD Buy BCHSVPAX 0.00000000 0.00000000 0.00000000 0.0 0
17 Binance USD Buy LTCPAX 0.00000000 0.00000000 0.00000000 0.0 0
18 Binance USD Buy TRXPAX 0.00000000 0.00000000 0.00000000 0.0 0
19 Binance USD Buy USDSPAX 0.00000000 0.00000000 0.00000000 0.0 0
20 Binance USD Buy BTTPAX 0.00000000 0.00000000 0.00000000 0.0 0
21 Binance USD Buy ZECPAX 0.00000000 0.00000000 0.00000000 0.0 0
22 Binance USD Buy ADAPAX 0.00000000 0.00000000 0.00000000 0.0 0
23 Binance USD Buy NEOPAX 0.00000000 0.00000000 0.00000000 0.0 0
24 Binance USD Buy ATOMPAX 0.00000000 0.00000000 0.00000000 0.0 0
25 Binance USD Buy ETCPAX 0.00000000 0.00000000 0.00000000 0.0 0
26 Binance USD Buy BATPAX 0.00000000 0.00000000 0.00000000 0.0 0
27 Binance USD Buy PHBPAX 0.00000000 0.00000000 0.00000000 0.0 0
28 Binance USD Buy TFUELPAX 0.00000000 0.00000000 0.00000000 0.0 0
29 Binance USD Buy ONEPAX 0.00000000 0.00000000 0.00000000 0.0 0
30 Binance USD Buy FTMPAX 0.00000000 0.00000000 0.00000000 0.0 0
31 Binance USD Buy BCPTPAX 0.00000000 0.00000000 0.00000000 0.0 0
32 Binance USD Buy ALGOPAX 0.00000000 0.00000000 0.00000000 0.0 0
33 Binance USD Buy GTOPAX 0.00000000 0.00000000 0.00000000 0.0 0
34 Binance USD Buy ERDPAX 0.00000000 0.00000000 0.00000000 0.0 0
35 Binance USD Buy DOGEPAX 0.00000000 0.00000000 0.00000000 0.0 0
36 Binance USD Buy DUSKPAX 0.00000000 0.00000000 0.00000000 0.0 0
37 Binance USD Buy ANKRPAX 0.00000000 0.00000000 0.00000000 0.0 0
38 Binance USD Buy ONTPAX 0.00000000 0.00000000 0.00000000 0.0 0
39 Binance USD Buy BCHPAX 0.00000000 0.00000000 0.00000000 0.0 0
40 Binance USD Buy PAXGBNB 6.06 6.21 5.91 404.22 277
41 Binance USD Buy PAXGBTC 0.06070000 0.06235000 0.05950000 47.72 3,461
42 Binance USD Buy PAXGBUSD 1,824.0 1,839.0 1,810.0 2,367,135.6 4,169
43 Binance USD Buy PAXGUSDT 1,828.0 1,841.0 1,810.0 6,407,923.68 8,422
44 Binance USD Buy PAXBUSD 0.00000000 0.00000000 0.00000000 0.0 0