Pax Dollar (USDP)
Pax Dollar (USDP)
0.999504 -0.05 %
Izinga # 594 500+ Uhlu Lokubuka
Phansi Phezulu
24H Ibanga
Inani Le-Market Cap
Ivolumu Yokuhweba ye-24 Hour
Ukuhlolwa Okugcwele Okuncipha 906.03 B
Ukuhamba 93,477,695.00
Uhlu Oluphelele 93,477,694.95
Imikhiqizo Ephakeme 0.00
  • Ethereum ethereum-0x8e870d67f660d95d5be530380d0ec0bd388289e1
  Isonto Inyanga Unyaka Yonke Imbobo
Phezulu

21-11-2024

1.001366325904
-0.19%

12-11-2024

1.007574259018
-0.80%

13-04-2024

1.18
-15.30%

16-04-2024

₹5,730,800.59
-15.60%
Phansi

24-12-2024

0.999504
0.00%

12-11-2024

0.997384339568
0.21%

25-10-2024

0.993027681238
0.65%

19-05-2021

₹5,628.29
15.79%

Pax Dollar News (Usdp News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Pax Dollar Chart (Usdp Chart)

Pax Dollar Price USD (Usdp Price USD)

Isib. Ushintsho Uhlangothi Intengo Ukuhlukanisa Ivolumu Ivolumu% Ukuzethemba Ukuhweba Okugcina Isikhawu Sokuthembeka
Pax Dollar Price History (Usdp Price History)
Intengo Inani Le-Market Cap Ivolumu Usuku
I-Coin Pax Dollar
Izibuyekezo
Pax Dollar Price Today (Usdp Price Today)


Pax Dollar is a flat-collateralized stablecoin that was launched in September of 2018. Stablecoins are cryptocurrencies meant to reduce the volatility of the stablecoin's price compared to a certain stable asset or a basket of assets.

A stablecoin may be linked to another cryptocurrency or to flat money. In certain circumstances, it can even be traded for commodities. Pax Dollar provides the advantage of trading with blockchain assets while minimising price risk. The Pax Dollar tokens (USDP) are produced as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 by USD stored in Paxos-owned US bank accounts.

Charles Cascarilla and Rich Teo are the inventors of the Pax Dollar.

Paxos's CEO and co-founder is Charles Cascarilla. In addition, he founded the Association for Digital Asset Markets (ADAM) and serves as a founding partner of Liberty City Ventures.

Along with co-founding and holding a partner position at Cedar Hill Capital Partners, he has already had positions as a portfolio manager at Claiborne Capital Management, an analyst at Goldman Sachs as well as an analyst at Bank of America respectively. 

The other founding member of Paxos is Rich Teo. Before that, he worked at Cedar Hill Capital Partners as a principal and senior analyst. He has worked as a financial analyst for Citi and as a combat signaler for the Singapore Armed Forces.

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Also read: PAX Gold Paxg Price USD
Imibuzo Ebuzwayo Njalo (FAQs Crypto)
The current price of Pax Dollar (USDP) is USD 0.999504
24 Hours, High Price of Pax Dollar (USDP) is USD 1.006 and Low price of Pax Dollar (USDP) is USD 0.993459
The total supply of Pax Dollar (USDP) is 93477694.948415 and Circulating supply of Pax Dollar (USDP) is 93,477,695.00
The trading volume of Pax Dollar (USDP) is 255598856 In the last 24 hours