Since January, we’ve been releasing digestible, institutional-grade analysis within the type of Blockchain Primers as a approach for our customers to remain knowledgeable in regards to the quickest rising and most essential sectors of the cryptoverse. Our newest bite-sized report is on the pockets’s latest addition and first stablecoin, USD PAX.

Within the report, you’ll discover:

  • Highlights: fast takeaways on Paxos’ key differentiating options (e.g., strengths and use instances)
  • Knowledge: empirical knowledge reminiscent of on-chain buying and selling quantity, liquidity & measurement, and regulatory data
  • Comparative abstract: overview of notable ecosystem and token rivals

Launched in September 2018, Paxos Normal tokens are totally backed by bodily U.S. {dollars} saved in FDIC-insured banks and controlled by the New York State Division of Monetary Providers.

This monetary certainty eliminates value volatility and offers customers around the globe a wholly new option to ship worth, handle inflation, mitigate buying and selling danger, and acquire publicity to the US greenback.    

$1 USD PAX equals $1 USD. At all times.

USD PAX is now accessible for the greater than 37 million Blockchain Wallets to make use of immediately and transparently, with out minimums or maximums.

Click here to obtain our Paxos Normal Primer and be taught extra about how you should use USD PAX right this moment.

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