Paxos Standard Token(PAX)

 Digital Assets    |      2018-10-15

Brief Introduction:

Paxos Standard Token, issued by Paxos Trust Company and regulated by the New York State Department of Financial Services, is fully collateralized by and redeemable one-to-one with USD (1 PAX = $1 USD).

 

Basic Information:

English Name: Paxos Standard Token

Ticker: PAX

Chinese name: N/A

Country of Incorporation: N/A

Scale & Number of Applications: N/A

 

Project Description:

PAX (Paxos Standard Token) is the world's first regulated stablecoin issued by Paxos, offering a liquid, digital alternative to cash that is available 24/7 for instantaneous transaction settlement.

 

Issuance & Circulation:

Total Supply: 24,499,613

Total Circulation: 23,745,441

 

Official Website: https://www.paxos.com/

Whitepaper: https://standard.paxos.com/whitepaper.pdf

 

Disclaimer: 

This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.




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