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Paxos Standard (PAX) logo
Paxos Standard (PAX) logo

Paxos Standard (PAX) Review

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Site: paxos.com
Expert Review
Nov 17, 2020

Paxos Standard (PAX) is a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens to 'transact at the speed of the internet'. It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a charter from the New York State Department of Financial Services, which allows it to offer regulated services in the cryptoasset space.

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Paxos Standard (PAX) logo
Paxos Standard (PAX) Review
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