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Paxos Standard price



Market stats




945.6M PAX

6 days

44% buy
56% sell






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About Paxos Standard

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.

Paxos Standard is on the rise this week.

The price of Paxos Standard has risen by 1.01% in the past 7 days. The price declined by 1.00% in the last 24 hours. The current price is $0.99 per PAX. Paxos Standard is 50.99% below the all time high of $2.02.The current circulating supply is 945,642,940.11 PAX.

Top stories

FDIC chair says the agency is focused on developing ‘clear guidance’ for banks’ crypto activities, stablecoins

The head of the U.S. Federal Deposit Insurance Corporation said Tuesday that the agency is focused on creating "clear guidance" on the intersection between crypto and the American banking world. The post FDIC chair says the agency is focused on developing ‘clear guidance’ for banks’ crypto activities, stablecoins appeared first on The Block.

The Block

Oct 26, 2021

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