Pax Dollar (USDP) #596

Pax Dollar

USDP
Suspiciously similar

Price of Pax Dollar (USDP)

Price of 1 Pax Dollar today (2 August)
$ 0.9985
Market Cap
$ 31.9M
-0.1%
#762
Trading Volume, 24h
$ 14.3M
+110%
Dominance
0.0013%
In circulation USDP
31,954,063
Price Min/Max
24 hrs
$ 0.9984
$ 0.999915
30 days
$ 0.9984
$ 1
1 year
$ 0.989
$ 1.006
ATH
$ 0.864
$ 1.18
-15% from ATH·+18% to ATH

Exchanges where USDP is traded

Exchange Pair Price Volume, 24h
1 LATOKEN 1.5 USDP/USDT
$ 0.999943
₮ 1.0007 спред 0.02%
$ 3,644,41521h ago Go
2 Phemex 3.5 USDP/USDT
$ 0.99945
₮ 1.0003 спред 0.09%
$ 2,764,3261h ago Купить
3 Azbit 3.0 USDP/USDT
$ 0.9985
₮ 0.9993 спред 0.21%
$ 1,359,14717h ago Купить
4 WEEX 4.0 USDP/USDT
$ 0.99955
₮ 1.0004 спред 0.02%
$ 1,009,13717h ago Купить
5 Vindax 1.0 USDP/USDT
$ 0.9987
₮ 0.9995 спред 0.1%
$ 49,5563h ago Купить
6 RUJI Trade (Rujira) 1.0 USDP/USDC
$ 1.005
USDC 1.0055 спред 0.04%
$ 4,54814h ago Купить
7 RUJI Trade (Rujira) 1.0 USDP/USDC
$ 1.005
USDC 1.0055 спред 0.04%
$ 4,54814h ago Купить
8 Curve (Ethereum) 1.0 USDP/3CRV
$ 0.99965
3CRV 0.9613 спред 0.67%
$ 1,23717h ago Купить
9 Curve (Ethereum) 1.0 USDP/FRAX
$ 0.9988
FRAX 1.0072 спред 0.74%
$ 52616h ago Купить
10 Coinbase Exchange 5.0 USDP/USD
$ 0.9988
$ 0.9980 спред 0.41%
$ 16518h ago Go

Today Pax Dollar (USDP) is traded on 12 exchanges, including LATOKEN, Phemex, Azbit, WEEX and others. The maximum trading volume is observed for the trading pair USDP/USDT and reaches 8.8 mln. dollar (100% of the total volume across all exchanges). During the week, the minimum price for Pax Dollar (USDP) is fixed on Sunday at 0.9984 cents. Currently, the token Pax Dollar is trading in the range of 99.85 cents or 79.12 rubles for 1 USDP.

Calculator USDP

USDP
USDT

1 USDP = 0.9985 USD

Developer activity

paxosglobal/pax-contracts
Abandoned
0 commits in 4 weeks
Stars
177
Forks
87
Team
6
+0 −0 lines of code · 4 wks
View on GitHub

What is Pax Dollar?

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 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 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.

How to add Pax Dollar to Metamask?

To add USDP to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Pax Dollar from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The USDP is available on the 2 blockchain networks. Below is a list of Pax Dollar smartcontract addresses to add to the metamask:

  • Ethereum - 0x8e870d67f660d95d5be530380d0ec0bd388289e1
  • Solana - HVbpJAQGNpkgBaYBZQBR1t7yFdvaYVp2vCQQfKKEN4tM

Official websites and links for Pax Dollar

There are currently about 4 official links to Pax Dollar websites and social media:

60
Position in the «Stablecoins» sector
of 100 coins
# Coin Price 24ч 7d Cap.
1 USDC 0.9998 $ -0.01% -0.01% 71.9 bln. $
2 USDT 0.9989 $ -0.02% 0.00% 183.3 bln. $
3 USDS 0.99976 $ -0.01% -0.01% 9.7 bln. $
4 DAI 0.99989 $ +0.01% +0.01% 4.6 bln. $
5 USD1 0.99902 $ +0.00% +0.02% 4.0 bln. $
6 USDE 0.99963 $ -0.02% -0.02% 3.9 bln. $
7 USDG 1.001 $ +0.06% +0.19% 3.4 bln. $
8 PYUSD 0.99979 $ +0.01% +0.01% 2.7 bln. $
9 USDD 0.99956 $ +0.02% +0.06% 1.6 bln. $
10 RLUSD 0.999908 $ -0.04% -0.02% 1.5 bln. $
60 USDP 0.9985 $ -0.11% -0.07% 31.9 mln. $
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