Convert Paxos Standard PAX to Spiko UK T-Bills Money Market Fund UKTBL
PAX to UKTBL: 1 Paxos Standard converts to 0.7236 UKTBL
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 UKTBL
Paxos Standard is falling, while Spiko UK T-Bills Money Market Fund is climbing this week. The current PAX to UKTBL conversion rate is 0.7236. Inversely, this means that if you convert 1 UKTBL you will get 1.38 PAX. The conversion rate of PAX/UKTBL has decreased by 0.01% in the last hour (UKTBL/PAX increased by 0.01%). In the last 24 hours, PAX/UKTBL shrunk by 0.03%, while UKTBL/PAX grew by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 0.7236 UKTBL. In other words, to buy 5 Paxos Standard, it would cost you 3.618 UKTBL. Inversely, 1 UKTBL would allow you to trade for 1.38 PAX while 50 UKTBL would convert to 69.10 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.4%, and that the highest exchange rate of 1 PAX to UKTBL was 0.7244 UKTBL and the lowest 24 hour value was 1 PAX for 0.7199 UKTBL. Last month, 1 PAX was worth 0.7266 UKTBL. Today, it's down 0.42%. Looking back a year, Paxos Standard has changed by 0.7291 UKTBL. That means that in a single year, the value of Paxos Standard has shrank by 0.76%.
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.
Spiko UK T-Bills Money Market Fund Market Stats
UKTBL (Spiko UK Treasury Bills) is a tokenized UCITS money market fund launched by Spiko, investing directly in UK Treasury Bills denominated in GBP. The fund allows investors to subscribe from as little as 1 GBP and generates stable yields tracking the UK T-Bill rate, while maintaining overnight liquidity. The shareholder register is hosted on Ethereum, Polygon PoS, Arbitrum One, Base, and Etherlink. CACEIS (Crédit Agricole group) acts as depositary bank, PwC as auditor, and Chainlink provides on-chain NAV oracle feeds. The fund is supervised by the French AMF.
Conversion tables
PAX to UKTBL values from Today at 2:41 am
0.5 PAX = 0.3618 UKTBL |
1 PAX = 0.7236 UKTBL |
5 PAX = 3.62 UKTBL |
10 PAX = 7.24 UKTBL |
50 PAX = 36.18 UKTBL |
100 PAX = 72.36 UKTBL |
500 PAX = 361.80 UKTBL |
1,000 PAX = 723.59 UKTBL |
UKTBL to PAX values from Today at 2:40 am
0.5 UKTBL = 0.691 PAX |
1 UKTBL = 1.38 PAX |
5 UKTBL = 6.91 PAX |
10 UKTBL = 13.82 PAX |
50 UKTBL = 69.10 PAX |
100 UKTBL = 138.20 PAX |
500 UKTBL = 691.00 PAX |
1,000 UKTBL = 1,381.99 PAX |
PAX to UKTBL over time
PAX | Today | 24H 0.40% | 1M -0.42% | 1Y -0.76% |
|---|---|---|---|---|
0.5 PAX | 0.3618 UKTBL | 0.3603 UKTBL | 0.3633 UKTBL | 0.3646 UKTBL |
1 PAX | 0.7236 UKTBL | 0.7207 UKTBL | 0.7266 UKTBL | 0.7291 UKTBL |
5 PAX | 3.62 UKTBL | 3.60 UKTBL | 3.63 UKTBL | 3.65 UKTBL |
10 PAX | 7.24 UKTBL | 7.21 UKTBL | 7.27 UKTBL | 7.29 UKTBL |
50 PAX | 36.18 UKTBL | 36.03 UKTBL | 36.33 UKTBL | 36.46 UKTBL |
100 PAX | 72.36 UKTBL | 72.07 UKTBL | 72.66 UKTBL | 72.91 UKTBL |
500 PAX | 361.80 UKTBL | 360.33 UKTBL | 363.31 UKTBL | 364.56 UKTBL |
1,000 PAX | 723.59 UKTBL | 720.67 UKTBL | 726.62 UKTBL | 729.12 UKTBL |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9979.
Based on the current rate, you could get 1.00 PAX for 1 USD.
Paxos Standard price has been declining. Since yesterday, the exchange rate of Paxos Standard has decreased. 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 5.01 PAX. Inversely, 5 PAX will cost about $4.99
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 deBridge, Block Street, and Comcast tokenized stock (xStock). 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
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.