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).
English Name: Paxos Standard Token
Chinese name: N/A
Country of Incorporation: N/A
Scale & Number of Applications: N/A
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/
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.