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Pax Dollar (USDP): The World’s Leading Fully Regulated Stablecoin

Beginner
Stablecoin
Aug 21, 2022
11 min read
0

Blockchain technology is revolutionizing the digital world and contributing to groundbreaking innovations in the crypto space, including the emergence of stablecoins such as Pax Dollar. As an integral part of the Paxos ecosystem, Pax Dollar is one of a few fully regulated stablecoins designed to limit volatility and provide peace of mind to crypto investors looking for stable returns and consistent long-term growth. 

In this post, we shed light on the Pax Dollar stablecoin (USDP), the popular Pax Gold token (PAXG) and the world’s leading compliance and regulation standards for each.

What Is Paxos?

Paxos is a blockchain ecosystem hosting a variety of fully regulated cryptocurrency products for individual traders, and institutional and enterprise customers seeking safer, less-volatile exposure to crypto markets.

As one of the only fully regulated blockchain ecosystems, Paxos is an umbrella platform hosting both the Pax Dollar stablecoin and the Pax Gold token. This crypto project offers full transparency and security surrounding the assets that back its USDP stablecoin, and Paxos aims to provide a seamless global payments system that serves to minimize the risks associated with market exposure.

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