Convert Paxos Standard PAX to Metal Dollar XMD
PAX to XMD: 1 Paxos Standard converts to 1.01 XMD
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About PAX and XMD
Paxos Standard is climbing, while Metal Dollar is falling this week. The current PAX to XMD conversion rate is 1.01. Inversely, this means that if you convert 1 XMD you will get 0.9863 PAX. The conversion rate of PAX/XMD has increased by 0.29% in the last hour (XMD/PAX decreased by 0.29%). In the last 24 hours, PAX/XMD grew by 0.75%, while XMD/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 1.01 XMD. In other words, to buy 5 Paxos Standard, it would cost you 5.07 XMD. Inversely, 1 XMD would allow you to trade for 0.9863 PAX while 50 XMD would convert to 49.32 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.28%. Meanwhile, in the last 24 hours, the rate has changed by 0.05%, which means that the highest exchange rate of 1 PAX to XMD was 1.02 XMD and the lowest 24 hour value was 1 PAX for 0.9736 XMD. Last month, 1 PAX was worth 0.9992 XMD. Today, it's up 1.45%. Looking back a year, Paxos Standard has changed by 0.9988 XMD. That means that in a single year, the value of Paxos Standard has grown by 1.48%.
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.
Metal Dollar Market Stats
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability. What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction. History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain. What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps. What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Conversion tables
PAX to XMD values from Today at 6:37 pm
0.5 PAX = 0.5069 XMD |
1 PAX = 1.01 XMD |
5 PAX = 5.07 XMD |
10 PAX = 10.14 XMD |
50 PAX = 50.69 XMD |
100 PAX = 101.39 XMD |
500 PAX = 506.94 XMD |
1,000 PAX = 1,013.89 XMD |
XMD to PAX values from Today at 6:37 pm
0.5 XMD = 0.4932 PAX |
1 XMD = 0.9863 PAX |
5 XMD = 4.93 PAX |
10 XMD = 9.86 PAX |
50 XMD = 49.32 PAX |
100 XMD = 98.63 PAX |
500 XMD = 493.15 PAX |
1,000 XMD = 986.30 PAX |
PAX to XMD over time
PAX | Today | 24H 0.05% | 1M 1.45% | 1Y 1.48% |
|---|---|---|---|---|
0.5 PAX | 0.5069 XMD | 0.5067 XMD | 0.4996 XMD | 0.4994 XMD |
1 PAX | 1.01 XMD | 1.01 XMD | 0.9992 XMD | 0.9988 XMD |
5 PAX | 5.07 XMD | 5.07 XMD | 5.00 XMD | 4.99 XMD |
10 PAX | 10.14 XMD | 10.13 XMD | 9.99 XMD | 9.99 XMD |
50 PAX | 50.69 XMD | 50.67 XMD | 49.96 XMD | 49.94 XMD |
100 PAX | 101.39 XMD | 101.34 XMD | 99.92 XMD | 99.88 XMD |
500 PAX | 506.94 XMD | 506.71 XMD | 499.62 XMD | 499.42 XMD |
1,000 PAX | 1,013.89 XMD | 1,013.42 XMD | 999.23 XMD | 998.84 XMD |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9971.
Based on the current rate, you could get 1.00 PAX for 1 USD.
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 Dogelon Mars, Novo Nordisk tokenized stock (xStock), and Particle Network. 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.