Paxos Standard (PAX) Token is now rebranded as Pax Dollar (USDP).

Pax Dollar Price

USDP

#1K

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$0.9974

-0.32%

#1K

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Price

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Percentual Performance

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Gains & Losses

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Ranking History

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Market Cap

$-- --%

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Dominance

--% --%

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Trading Volume

$-- --%

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Supply Verified

USDP in Circulation ?

100%

Low Risk

Monthly Inflation ?

-11.23%

High Deflation

Yearly Inflation ?

-60.18%

High Deflation

Circulating Supply ?	24.39 million USDP
Reserved supply ? 0 USDP undistributed 0xc2783c05c6b28b585f05093ef65e595388b47d89 0 USDP undistributed 0xde3dfb9352fcba9c53abff7b3adfdd640662369a 0 USDP
Total supply ?	24.39 million USDP
Max supply ?	-- USDP

Updated 16m ago

Circulating Supply

-- --%

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Total Supply

-- --%

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Exchange Listings

Exchanges	USDP price	24h trading volume	Fee Discount	Fee Discount
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KuCoin	$0.996	$14,427	20%	Trade
MEXC Global	$0.997	$12,310	20%	Trade
Curve (Ethereum)	$0.995	$5,075	0%	Swap
THORChain	$1.00	$4,157	0%	Swap
Coinbase	$1.00	$2,304	0%	Trade
All Exchanges

Spot Markets

Exchanges	USDP price	Volume	Fee Discount
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USDP / USDT KuCoin	$0.996	$14,439	20%	Trade
USDP / USDT MEXC Global	$0.997	$12,310	20%	Trade
USDP / FRAX Curve (Ethereum)	$0.994	$4,595	0%	Swap
USDP / RUNE THORChain	$1.00	$4,157	0%	Swap
USDP / USD Coinbase	$1.00	$2,304	0%	Trade
All Markets

Futures Markets

#	Markets	Close Price	Open Interest	Funding Rate
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Historical Data

Minutes Hours Days Weeks Months Years

Date	Close	Change	Market Cap	Trading Volume
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Today	$0.997	+0.00%	$24.33 million	$39,775
Yesterday	$0.999	-0.19%	$24.38 million	$31,171
Oct 1, 2026	$1	+0.23%	$24.42 million	$20,394
Sep 30, 2026	$0.999	+0.07%	$24.36 million	$21,632
Sep 29, 2026	$0.998	+0.14%	$24.35 million	$40,212
All historical data

Additional Stats

All-time high ?	$1.72 (Apr 18, 2023)
Volume / Market Cap ?	0.00164
FDV ?	$24.33 million
Price in BTC	0.0000118 BTC
Listing date ?	8 years ago (Oct 12, 2018)
UUID ?	B8xT718SbVhhh

What Is Pax Dollar?

Pax Dollar (USDP) is a regulated, USD-backed stablecoin issued by Paxos Trust Company on Ethereum. Read more

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Stats

Rank ?

#1,233

Market Cap ?

$24.33M -0.32%

Trading Volume ?

$39,775 +70.82%

Circulating Supply ?

24.39M USDP

All Time High ?

$1.72 -41.96%

Exchange Listings ?

Favorites ?

More Stats

Indicators

MACD (12, 26, 9) ?

Bullish, Fading

Supertrend (10, 3) ?

Uptrend

RSI (14) ?

48.0 Neutral

Bollinger Bands (20, 2) ?

Inside bands

Price vs SMA (20) ?

-0.08% Below

Price vs SMA (50) ?

-0.14% Below

Price vs SMA (100) ?

-0.21% Below

Price vs SMA (200) ?

-0.24% Below

Ethereum

0x8e870d67f660d95d5be530380d0ec0bd388289e1

BNB Smart Chain

0xb7f8cd00c5a06c0537e2abff0b58033d02e5e094

Frequently Asked Questions

What is Pax Dollar (USDP)?: Pax Dollar (USDP) is a regulated U.S. dollar-backed stablecoin issued by Paxos Trust Company. Each USDP token is pegged 1:1 to the U.S. dollar and backed by cash reserves held at regulated U.S. depository institutions.
Who issues USDP?: USDP is issued by Paxos Trust Company, a New York-based financial institution operating under a trust charter granted by the New York State Department of Financial Services (NYDFS). Paxos is also the issuer behind PayPal's PYUSD stablecoin.
How does USDP maintain its 1:1 peg to the U.S. dollar?: USDP maintains its peg through a mint-and-burn model. When dollars are deposited with Paxos, an equivalent amount of USDP is minted; when USDP is redeemed, those tokens are burned and dollars are returned. Reserves are held 100% in cash and cash equivalents.
How can I verify that USDP is fully backed?: Paxos publishes monthly attestation reports from independent accounting firms confirming that reserves match the outstanding USDP supply. These reports are designed to provide transparent, verifiable proof of backing.
What blockchains is USDP available on?: USDP is primarily available on Ethereum, where it operates as an ERC-20 token, and also has a presence on BNB Smart Chain and other networks. The Ethereum contract address is 0x8e870d67f660d95d5be530380d0ec0bd388289e1.

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