Convert Paxos Standard PAX to Mountain Protocol USDM
PAX to USDM: 1 Paxos Standard converts to 0.996 USDM
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About PAX and USDM
Paxos Standard is falling, while Mountain Protocol is climbing this week. The current PAX to USDM conversion rate is 0.996. Inversely, this means that if you convert 1 USDM you will get 1.00 PAX. The conversion rate of PAX/USDM has decreased by 0% in the last hour (USDM/PAX increased by 0%). In the last 24 hours, PAX/USDM shrunk by 0.24%, while USDM/PAX grew by the same amount.
The exchange rate of Paxos Standard is decreasing. The current value of 1 PAX is 0.996 USDM. In other words, to buy 5 Paxos Standard, it would cost you 4.9798 USDM. Inversely, 1 USDM would allow you to trade for 1.00 PAX while 50 USDM would convert to 50.20 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.25%. Meanwhile, in the last 24 hours, the rate has changed by 0.24%, and that the highest exchange rate of 1 PAX to USDM was 0.9995 USDM and the lowest 24 hour value was 1 PAX for 0.9958 USDM. Last month, 1 PAX was worth 0.9981 USDM. Today, it's down 0.21%. Looking back a year, Paxos Standard has changed by 1.00 USDM. That means that in a single year, the value of Paxos Standard has shrank by 0.66%.
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.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
PAX to USDM values from Today at 1:37 pm
0.5 PAX = 0.498 USDM |
1 PAX = 0.996 USDM |
5 PAX = 4.98 USDM |
10 PAX = 9.96 USDM |
50 PAX = 49.80 USDM |
100 PAX = 99.60 USDM |
500 PAX = 497.98 USDM |
1,000 PAX = 995.95 USDM |
USDM to PAX values from Today at 1:37 pm
0.5 USDM = 0.502 PAX |
1 USDM = 1.00 PAX |
5 USDM = 5.02 PAX |
10 USDM = 10.04 PAX |
50 USDM = 50.20 PAX |
100 USDM = 100.41 PAX |
500 USDM = 502.03 PAX |
1,000 USDM = 1,004.06 PAX |
PAX to USDM over time
PAX | Today | 24H -0.24% | 1M -0.21% | 1Y -0.66% |
|---|---|---|---|---|
0.5 PAX | 0.498 USDM | 0.4992 USDM | 0.499 USDM | 0.5013 USDM |
1 PAX | 0.996 USDM | 0.9983 USDM | 0.9981 USDM | 1.00 USDM |
5 PAX | 4.98 USDM | 4.99 USDM | 4.99 USDM | 5.01 USDM |
10 PAX | 9.96 USDM | 9.98 USDM | 9.98 USDM | 10.03 USDM |
50 PAX | 49.80 USDM | 49.92 USDM | 49.90 USDM | 50.13 USDM |
100 PAX | 99.60 USDM | 99.83 USDM | 99.81 USDM | 100.26 USDM |
500 PAX | 497.98 USDM | 499.15 USDM | 499.04 USDM | 501.29 USDM |
1,000 PAX | 995.95 USDM | 998.30 USDM | 998.07 USDM | 1,002.58 USDM |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9963.
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 decreased. 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 5.02 PAX. Inversely, 5 PAX will cost about $4.98
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 DEAPcoin, Bitmine Tokenised Stock (xStock), and UPCX. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
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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.