Convert Paxos Standard PAX to Backed IBTA $ Treasury Bond 1-3yr BIBTA
PAX to BIBTA: 1 Paxos Standard converts to 0.1678 BIBTA
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About PAX and BIBTA
Paxos Standard is climbing, while Backed IBTA $ Treasury Bond 1-3yr is falling this week. The current PAX to BIBTA conversion rate is 0.1678. Inversely, this means that if you convert 1 BIBTA you will get 5.96 PAX. The conversion rate of PAX/BIBTA has decreased by 0% in the last hour (BIBTA/PAX increased by 0%). In the last 24 hours, PAX/BIBTA grew by 0.11%, while BIBTA/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 0.1678 BIBTA. In other words, to buy 5 Paxos Standard, it would cost you 0.839 BIBTA. Inversely, 1 BIBTA would allow you to trade for 5.96 PAX while 50 BIBTA would convert to 297.96 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.11%, which means that the highest exchange rate of 1 PAX to BIBTA was 0.168 BIBTA and the lowest 24 hour value was 1 PAX for 0.1676 BIBTA. Last month, 1 PAX was worth 0.1679 BIBTA. Today, it's down 0.03%. Looking back a year, Paxos Standard has changed by 0.1733 BIBTA. That means that in a single year, the value of Paxos Standard has shrank by 3.25%.
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.
Backed IBTA $ Treasury Bond 1-3yr Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
Conversion tables
PAX to BIBTA values from Today at 1:42 pm
0.5 PAX = 0.0839 BIBTA |
1 PAX = 0.1678 BIBTA |
5 PAX = 0.839 BIBTA |
10 PAX = 1.68 BIBTA |
50 PAX = 8.39 BIBTA |
100 PAX = 16.78 BIBTA |
500 PAX = 83.90 BIBTA |
1,000 PAX = 167.81 BIBTA |
BIBTA to PAX values from Today at 1:42 pm
0.5 BIBTA = 2.98 PAX |
1 BIBTA = 5.96 PAX |
5 BIBTA = 29.80 PAX |
10 BIBTA = 59.59 PAX |
50 BIBTA = 297.96 PAX |
100 BIBTA = 595.92 PAX |
500 BIBTA = 2,979.58 PAX |
1,000 BIBTA = 5,959.16 PAX |
PAX to BIBTA over time
PAX | Today | 24H 0.11% | 1M -0.03% | 1Y -3.25% |
|---|---|---|---|---|
0.5 PAX | 0.0839 BIBTA | 0.08382 BIBTA | 0.08393 BIBTA | 0.08664 BIBTA |
1 PAX | 0.1678 BIBTA | 0.1676 BIBTA | 0.1679 BIBTA | 0.1733 BIBTA |
5 PAX | 0.839 BIBTA | 0.8382 BIBTA | 0.8393 BIBTA | 0.8664 BIBTA |
10 PAX | 1.68 BIBTA | 1.68 BIBTA | 1.68 BIBTA | 1.73 BIBTA |
50 PAX | 8.39 BIBTA | 8.38 BIBTA | 8.39 BIBTA | 8.66 BIBTA |
100 PAX | 16.78 BIBTA | 16.76 BIBTA | 16.79 BIBTA | 17.33 BIBTA |
500 PAX | 83.90 BIBTA | 83.82 BIBTA | 83.93 BIBTA | 86.64 BIBTA |
1,000 PAX | 167.81 BIBTA | 167.63 BIBTA | 167.85 BIBTA | 173.27 BIBTA |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9991.
Based on the current rate, you could get 1.00 PAX for 1 USD.
Paxos Standard price has been on the rise. Since yesterday, the exchange rate of Paxos Standard has increased. Since last month, the exchange rate of Paxos Standard has increased. Since this time last year, the price of Paxos Standard has decreased.
You can use our PAX to USD calculator at the top of this page to convert any amount of PAX 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 PAX. Inversely, 5 PAX will cost about $5.00
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including Storj, Avantis, and Dogelon Mars. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
Buy Paxos Standard with Coinbase
Create a Coinbase account to buy and sell Paxos Standard on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.