Project:Paxos Standard
TOKEN:PAX
Introduction:
Paxos Standard™ is the world's first regulated crypto asset. The Paxos Standard token is fully collateralized 1:1 by the U.S. dollar, issued by the Paxos Trust Company, and approved and regulated by the New York State Department of Financial Services.
Built on the Ethereum blockchain, it offers the benefits of crypto-assets such as immutability and decentralized accounting. Since it is fully collateralized by dollars, Paxos Standard offers a liquid, digital alternative to cash that is available 24/7 for instantaneous transaction settlement and is fully redeemable.
Total Amount:114,847,554
Circulation:114,610,479
Official Website:https://www.paxos.com/
Blockchain Explorer:https://etherscan.io/token/0x8e870d67f660d95d5be530380d0ec0bd388289e1