USDP Live Price
Overview
Price
$1.00
24h% change
0.0%
Volume (24h)
$4.001M
Market Cap
$93.723M
What Is Pax Dollar
Established in September 2018, Pax Dollar operates as a stablecoin secured by flat collateral. Designed to mitigate price volatility, stablecoins like Pax Dollar aim to stabilize their value relative to a specific stable asset or asset basket.
Stablecoins can maintain pegs to cryptocurrencies, fiat currencies, or even commodities. Pax Dollar, specifically, provides the benefit of conducting blockchain asset transactions with reduced price volatility. The Pax Dollar tokens (USDP) are issued as ERC-20 tokens on the Ethereum blockchain and are backed 1:1 by USD reserves held in Paxos-owned US bank accounts.
Where to Accept usdp?
We offer easy crypto currency payment solutions through our service, allowing you to receive Pax Dollar and over 233 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.
What is the all-time high for Pax Dollar (usdp)?
Pax Dollar’s historic highest price is $1.18, which was recorded on 16th of April 2024. Currently, Pax Dollar’s price is %15.6 Lower than its historic high.
What is the all-time low for Pax Dollar (usdp)?
Pax Dollar’s historic lowest price is $0.86353, which was recorded on 19th of May 2021. Currently, Pax Dollar’s price is %15.8 Higher than its historic low.
What are the most important factors affecting the price of Pax Dollar (usdp)?
Let's take a look at the important factors that impact Pax Dollar's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.
