Pax Dollar (USDP)

Not Earning Earning

€ 0,96015

0,01 % € 0,00010

Pax Dollar Price in Euros

(USDP to EUR)

€ 0,96015

Pax Dollar Volume

(24h)

€ 9.21 M

Market Cap

(Pax Dollar)

€904.24 M
BTC

What is Pax Dollar

Pax Dollar (USDP), formerly Paxos Standard (PAX), is a stablecoin pegged to the US dollar. It is issued as an ERC20 token on Ethereum and its value is backed by fiat money.

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How does Pax Dollar work?

The company behind Pax Dollar holds US dollars in bank accounts. These accounts are held at US depository institutions. How much money is in the accounts here depends on the number of tokens issued.

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How to buy Pax Dollar?

You can easily buy Pax Dollar (USDP) at Coinmerce by specifying how many USDP tokens you want to buy in the buy window. You can also enter a euro amount. Then select the desired order and pay with iDEAL, SEPA Bancontact or credit card.

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How to buy Pax Dollar?

Do you want to buy Pax Dollar (USDP)? At Coinmerce you can do it quickly, safely and easily. In the purchase window you specify how many USDP tokens you want to buy. It is also possible to enter an euro amount, after which we will calculate the number of USDP tokens available. It is possible to place a spot order, repeat order or stop limit order. Coinmerce takes care of the execution of the order and you only need to pay with iDEAL, SEPA Bancontact, credit card, Giropay or MyBank. After the order is executed, you will find Pax Dollar in your Coinmerce wallet.

Earn Earn

6,00%

Est. Yearly rewards

10,41503 USDP

Minimum holding Minimum holding

Not active

Status
How much? *
USDP USDP
How long? *
*For calculating purposes only. If you start earning, you will earn the full amount in your USDP wallet.
Estimated earning **
Based on 1000 euro the estimated annual earning will be:

0,00 *

Approx 0,00 USDP
Earn
*Rewards are calculated weekly and may vary from time to time, and the rates presented are not guaranteed.

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History

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About Pax Dollar

Pax Dollar is a stablecoin formerly known as Paxos Standard (with the PAX token). Meanwhile, Charles Cascarilla and Rich Teo, the founders of Pax Dollar, have changed the name. The stablecoin is pegged to the US dollar and is licensed by the New York State Department of Financial Services. This means that stablecoin is fully regulated and under continuous monitoring. At all times, a stablecoin must be backed by an underlying product from which it can derive its value. In the case of Pax Dollar, that is dollars held in bank accounts. Because the value will always remain stable, Pax Dollar is an ideal payment method. Users can send value easily and securely over Ethereum's blockchain. Also, many stablecoins like Pax Dollar are deployed for strike, allowing users to earn an interest on the number of tokens they deploy.

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Founder Charles Cascarilla
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Founder Rich Teo
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Founded September of 2018
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Industry Stablecoin
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Website Website
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Network Ethereum
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Location United States of America
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Rank 46
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Market Cap 904.24 M
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Trading volume 9.21 M
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Circulating 945.64 M
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Facebook Facebook
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Twitter Twitter
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gitHub gitHub
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Medium Medium