Details about Pax Dollar cryptocurrency
€130,536,954 ( 2.96895%)
€4,693,280
138,777,747
138,777,747
52.348
Unknown
https://www.paxos.com/standard/
@PaxosStandard
9420x
€8859.3
Pax Dollar price charts
PAX exchanges
Pax Dollar, the crypto
The point
Pax Dollar (USDP) is a stablecoin, a type of cryptocurrency whose value is pegged to a stable asset such as the US dollar. In the case of Pax Dollar, each USDP represents one US dollar held in reserve, ensuring its stability and maintaining its 1:1 ratio with the US dollar.
The problem
The main point of Pax Dollar (USDP) is to provide the benefits of a digital currency with the stability of the US dollar. This makes it a useful tool for users who want to avoid the volatility of other cryptocurrencies while still enjoying the benefits of decentralization, speed, and low transaction fees
The problem
The main point of Pax Dollar (USDP) is to provide the benefits of a digital currency with the stability of the US dollar. This makes it a useful tool for users who want to avoid the volatility of other cryptocurrencies while still enjoying the benefits of decentralization, speed, and low transaction fees
Compare USDP and BTC performance
| Timeframe | USDP | BTC |
|---|---|---|
| 1h change | -0.0515017 % | -0.0570393 % |
| 24h change | -0.06 % | 1.09266 % |
| 7 day change | -0.23 % | 4.45509 % |
| 14 day change | 2.27 % | -5.14018 % |
| 30 day change | 2.35 % | 5.55638 % |
| 200 day change | -0.74 % | 138.981 % |
| Year change | 4.33 % | 150.88 % |