Convert USDC IOUSDC to Paxos Standard PAX
IOUSDC to PAX: 1 USDC converts to 0.9985 PAX
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About USDC and PAX
USDC is climbing, while Paxos Standard is falling this week. The current USDC to PAX conversion rate is 0.9985. Inversely, this means that if you convert 1 PAX you will get 1.00 USDC. The conversion rate of USDC/PAX has decreased by 0.02% in the last hour (PAX/USDC increased by 0.02%). In the last 24 hours, USDC/PAX grew by 0.91%, while PAX/USDC shrunk by the same amount.
The exchange rate of USDC is increasing. The current value of 1 USDC is 0.9985 PAX. In other words, to buy 5 USDC, it would cost you 4.9925 PAX. Inversely, 1 PAX would allow you to trade for 1.00 USDC while 50 PAX would convert to 50.08 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.32%. Meanwhile, in the last 24 hours, the rate has changed by 0.32%, and that the highest exchange rate of 1 USDC to PAX was 1.00 PAX and the lowest 24 hour value was 1 USDC for 0.9928 PAX. Last month, 1 USDC was worth 1.00 PAX. Today, it's down 0.61%. Looking back a year, USDC has changed by 1.00 PAX. That means that in a single year, the value of USDC has shrank by 0.6%.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Conversion tables
IOUSDC to PAX values from Today at 1:23 pm
0.5 IOUSDC = 0.4993 PAX |
1 IOUSDC = 0.9985 PAX |
5 IOUSDC = 4.99 PAX |
10 IOUSDC = 9.99 PAX |
50 IOUSDC = 49.93 PAX |
100 IOUSDC = 99.85 PAX |
500 IOUSDC = 499.25 PAX |
1,000 IOUSDC = 998.50 PAX |
PAX to IOUSDC values from Today at 1:13 pm
0.5 PAX = 0.5008 IOUSDC |
1 PAX = 1.00 IOUSDC |
5 PAX = 5.01 IOUSDC |
10 PAX = 10.02 IOUSDC |
50 PAX = 50.08 IOUSDC |
100 PAX = 100.15 IOUSDC |
500 PAX = 500.75 IOUSDC |
1,000 PAX = 1,001.50 IOUSDC |
IOUSDC to PAX over time
IOUSDC | Today | 24H 0.32% | 1M -0.61% | 1Y -0.60% |
|---|---|---|---|---|
0.5 IOUSDC | 0.4993 PAX | 0.4976 PAX | 0.5023 PAX | 0.5022 PAX |
1 IOUSDC | 0.9985 PAX | 0.9953 PAX | 1.00 PAX | 1.00 PAX |
5 IOUSDC | 4.99 PAX | 4.98 PAX | 5.02 PAX | 5.02 PAX |
10 IOUSDC | 9.99 PAX | 9.95 PAX | 10.05 PAX | 10.04 PAX |
50 IOUSDC | 49.93 PAX | 49.76 PAX | 50.23 PAX | 50.22 PAX |
100 IOUSDC | 99.85 PAX | 99.53 PAX | 100.46 PAX | 100.45 PAX |
500 IOUSDC | 499.25 PAX | 497.64 PAX | 502.29 PAX | 502.23 PAX |
1,000 IOUSDC | 998.50 PAX | 995.27 PAX | 1,004.57 PAX | 1,004.47 PAX |
Frequently asked questions
Right now, 1 USDC is worth about $1.00.
Based on the current rate, you could get 1.00 USDC for 1 USD.
You can use our USDC to USD calculator at the top of this page to convert any amount of USDC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 USDC. Inversely, 5 USDC will cost about $5.00
USDC is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDC.
Buy USDC with Coinbase
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.