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About PAX and USDC
Paxos Standard is falling, while USDC is climbing this week. The current PAX to USDC conversion rate is 0.9809. Inversely, this means that if you convert 1 USDC you will get 1.02 PAX. The conversion rate of PAX/USDC has decreased by 0.14% in the last hour (USDC/PAX increased by 0.14%). In the last 24 hours, PAX/USDC shrunk by 0.84%, while USDC/PAX grew by the same amount.
The exchange rate of Paxos Standard is decreasing. The current value of 1 PAX is 0.9809 USDC. In other words, to buy 5 Paxos Standard, it would cost you 4.9045 USDC. Inversely, 1 USDC would allow you to trade for 1.02 PAX while 50 USDC would convert to 50.97 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.87%. Meanwhile, in the last 24 hours, the rate has changed by 1.67%, and that the highest exchange rate of 1 PAX to USDC was 0.9994 USDC and the lowest 24 hour value was 1 PAX for 0.9884 USDC. Last month, 1 PAX was worth 1.01 USDC. Today, it's down 2.53%. Looking back a year, Paxos Standard has changed by 1.00 USDC. That means that in a single year, the value of Paxos Standard has shrank by 2.13%.
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.
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.
Conversion tables
PAX to USDC values from Today at 11:07 am
0.5 PAX = 0.4904 USDC |
1 PAX = 0.9809 USDC |
5 PAX = 4.90 USDC |
10 PAX = 9.81 USDC |
50 PAX = 49.04 USDC |
100 PAX = 98.09 USDC |
500 PAX = 490.45 USDC |
1,000 PAX = 980.90 USDC |
USDC to PAX values from Today at 11:17 am
0.5 USDC = 0.5097 PAX |
1 USDC = 1.02 PAX |
5 USDC = 5.10 PAX |
10 USDC = 10.19 PAX |
50 USDC = 50.97 PAX |
100 USDC = 101.95 PAX |
500 USDC = 509.74 PAX |
1,000 USDC = 1,019.47 PAX |
PAX to USDC over time
PAX | Today | 24H -1.67% | 1M -2.53% | 1Y -2.13% |
|---|---|---|---|---|
0.5 PAX | 0.4904 USDC | 0.4986 USDC | 0.5029 USDC | 0.5009 USDC |
1 PAX | 0.9809 USDC | 0.9973 USDC | 1.01 USDC | 1.00 USDC |
5 PAX | 4.90 USDC | 4.99 USDC | 5.03 USDC | 5.01 USDC |
10 PAX | 9.81 USDC | 9.97 USDC | 10.06 USDC | 10.02 USDC |
50 PAX | 49.04 USDC | 49.86 USDC | 50.29 USDC | 50.09 USDC |
100 PAX | 98.09 USDC | 99.73 USDC | 100.57 USDC | 100.18 USDC |
500 PAX | 490.45 USDC | 498.63 USDC | 502.87 USDC | 500.90 USDC |
1,000 PAX | 980.90 USDC | 997.25 USDC | 1,005.75 USDC | 1,001.80 USDC |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.