USDP logo

USDP
Pax Dollar

3
Mkt Cap
$57.7M
24H Volume
$13.35M
FDV
$57.7M
Circ Supply
57.71M
Total Supply
57.71M
USDP Fundamentals
Max Supply
0.00
7D High
$1.00
7D Low
$0.9985
24H High
$1.00
24H Low
$0.9986
All-Time High
$1.18
All-Time Low
$0.8635
USDP Prices
USDP / USD
$0.9999
USDP / EUR
€0.869
USDP / GBP
£0.7651
USDP / CAD
CA$1.41
USDP / AUD
A$1.54
USDP / INR
₹88.68
USDP / NGN
NGN 1,441.44
USDP / NZD
NZ$1.77
USDP / PHP
₱58.59
USDP / SGD
SGD 1.30
USDP / ZAR
ZAR 17.46
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News
all
press releases
Paxos accidentally mints $300 trillion in PayPal stablecoins, more than double world’s GDP
Stablecoin issuer Paxos mistakenly created 300 trillion tokens of PayPal’s PYUSD on the Ethereum blockchain on Wednesday. The…
Technext·19d ago
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Unveiling the Next Crypto Giant: Why a Paxos Nasdaq Listing is Imminent
BitcoinWorld Unveiling the Next Crypto Giant: Why a Paxos Nasdaq Listing is Imminent The cryptocurrency world is abuzz with speculation, especially after Circle’s successful Nasdaq debut. This landmark event has truly opened the floodgates for other digital asset firms considerin...
BitcoinWorld·1mo ago
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Coinbase hacker dumps 3,976 ETH at a $932K loss
The Coinbase hacker is in panic mode just two days after purchasing 3976 ETH. The hacker has sold the same amount of ETH that he bought for $17.98 million, resulting in a loss of $932K. As reported by Cryptopolitan, the hacker who stole over $300 million from Coinbase initially b...
Cryptopolitan·2mo ago
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Paxos Joins Ripple and Circle in Applying for U.S. National Banking License
Paxos applies for a national trust charter seeking federal oversight after settling with New York regulators. Ripple, Circle and Paxos now push for national licenses as crypto firms aim for broader regulatory compliance. Paxos says customer assets stay safe and services continue ...
CryptoNewsLand·3mo ago
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Paxos Reportedly Applies for U.S. Trust Bank License
Paxos seeks U.S. trust bank license, triggering market interest in its regulatory advancements. Read original article on coincu.com
Coincu·3mo ago
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Paxos Seeks U.S. Trust Bank License for Nationwide Operations
Paxos applies for a U.S. trust bank license to expand its regulated operations. Learn about its impact on stablecoins and the crypto market. Read original article on coincu.com
Coincu·3mo ago
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Paxos Files for OCC National Trust Charter to Expand Regulation
Paxos, the blockchain and tokenization platform, has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to transform its current New York Department of Financial Services (NYDFS) trust charter into a national trust charter. The action is to broad...
The Crypto Times·3mo ago
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Paxos Settles with NYDFS for $48M Over Binance and AML Violations
Regulators say Paxos failed to monitor Binance effectively, allowing $1.6B in criminal-linked transactions to pass through the platform.
CryptoPotato·3mo ago
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Paxos Rolls Out USDG Stablecoin for 450M People
Key Insights: New York-based financial and blockchain firm Paxos introduced the Global Dollar (USDG) stablecoin in Europe. The USDG stablecoin is compliant with the EU’s Markets in Crypto Assets (MiCA) regulation, adding to its appeal. Paxos has made an impact on the stablecoin s...
The Coin Republic·4mo ago
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Stablecoin Startup Ubyx Raises $10 Million in Seed Funding
Ubyx completes $10 million funding, led by Galaxy Ventures, aims for a global stablecoin network. Read original article on coincu.com
Coincu·5mo ago

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AboutPax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology. Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology. Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that. The Pax Dollar (USDP) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.
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Ethereum EcosystemFiat-backed StablecoinMulticoin Capital PortfolioSolana EcosystemStablecoinsUSD Stablecoin
Date
Market Cap
Volume
Close
November 04, 2025
$57.7M
$13.35M
---
November 04, 2025
$56.71M
$12.15M
---
November 03, 2025
$55.75M
$2.97M
$1.00
November 02, 2025
$55.74M
$2.95M
$1.00
November 01, 2025
$55.71M
$4.45M
$0.9999
October 31, 2025
$60.25M
$4.49M
$0.9998
October 30, 2025
$60.25M
$2.92M
$0.9998
October 29, 2025
$60.75M
$2.64M
$0.9997
October 28, 2025
$60.75M
$3.32M
$0.9997
October 27, 2025
$60.75M
$1.71M
$0.9997

Latest USDP News

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