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Pax Dollar Price

Pax Dollar Price(USDP)

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Currency
USDP Price Calculator
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USDP
1 USDP =
USD $0.9997306
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Last updated 2023/03/21 05:34 (UTC)
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$ 0.9997306
+0.02%
(1D)

USDP Price Live Data

The live price of Pax Dollar is $ 0.9997306 per (USDP / USD) today with a current market cap of $ 877.85M USD. 24-hour trading volume is $ 57.32M USD. USDP to USD price is updated in real-time. Pax Dollar is +0.02% in the last 24 hours. It has a circulating supply of 878.08M USD.
USDP Price Performance USD
ChangeAmount%
Today$ 0.0002272+0.02%
30 Days$ 0.0001242+0.01%
60 Days$ -0.0020504-0.21%
90 Days$ -0.0024668-0.25%

USDP Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.9940103
High: $ 1.0042934
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 2.0227706
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.04%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+0.02%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.47%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.47%
The percent change in trading volume for this asset compared to 7 days ago.

USDP Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#57
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 877.85M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 57.32M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
878.08M
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
878.08M
Circulating supply shows the number of coins or tokens that have been issued so far.

About Pax Dollar (USDP)

Pax Dollar (USDP) is a collateralized stablecoin linked directly to the US dollar. Designed to allow cryptocurrency users to transact with fiat-based tokens while delivering the advantages of blockchain technology, Pax Dollar — formerly named Paxos Dollar — facilitates crypto transactions while mitigating market volatility.

Every USDP is backed by one US dollar held in reserve and integrates a number of features that differentiate it from other stablecoins. USDP can be redeemed for US dollars at any time and is subject to regulatory oversight by the New York State Department of Financial Services (NYSDFS).

USDP is an ERC-20 token collateralized in US-based Paxos-owned bank accounts, which are subject to regular audits published via monthly attestations. USDP price is updated and available in real time on Binance.

People Also Ask: Other Questions About Pax Dollar

  1. What is USDP Used For?

    USDP is a stablecoin used for US dollar-denominated cryptocurrency transactions and can also be exchanged 1:1 with the US dollar. USDP price information is available live on Binance.

  2. How Do Network Consensus and Validation Work on Pax Dollar?

    Pax Dollar (USDP) is an ERC-20 token and following the Ethereum Merge, now utilizes proof-of-stake (PoS) consensus.

  3. Who is the Pax Dollar Founder?

    Pax Dollar was created by US-based Paxos, led by co-founders, CEO Charles Cascarilla and Asia CEO Rich Teo. Both co-founders have extensive professional experience in the financial sector, as well as in digital assets.

  4. What is the Maximum Token Supply of USDP?

    At the time of writing, USDP has no available circulating supply. However, its maximum supply is reportedly around 106.38 million tokens.

  5. What Makes Pax Dollar Different From Others?

    Pax Dollar is notable as a USD-backed stablecoin subject to regular audits, with monthly attestations made publicly available to USDP holders and the wider cryptocurrency community.

    Pax Dollar was developed with the goal of stabilizing the US dollar using blockchain technology. It is reportedly exchangeable with the USD at a 1:1 ratio.

    Through its charter with the NYSDFS, Paxos is empowered to offer regulated financial services to entities in the cryptocurrency space.

  6. How To Buy USDP?

    USDP can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live USDP price is updated in real time on Binance. For additional instructions, information, and news on USDP, users can read our How to Buy Pax Dollar (USDP) Guide.

USDP to Local Currency

1 USDP to TRY$ 0.9997306
1 USDP to RUB$ 0.9997306
1 USDP to EUR in Italy$ 0.9997306
1 USDP to EUR in France$ 0.9997306
1 USDP to EUR in Spain$ 0.9997306
1 USDP to AED$ 0.9997306
1 USDP to AUD$ 0.9997306
1 USDP to BRL$ 0.9997306
1 USDP to VND$ 0.9997306
1 USDP to INR$ 0.9997306
Last updated 2023/03/21 05:34 (UTC)
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Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
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