Paxos Standard
Meaning of Paxos Standard
It is a Stablecoin known as the first digital asset issued by a financial institution and is backed by USD. It is represented with PAX just as BTC for Bitcoin! See Altcoin.
Paxos Standard token is created each time a dollar deposit is made and destroyed when withdrawn at 1PAX = 1USD.
Full Name: Paxos Standard
Symbol: PAX
Total Supply: 154,052,389 PAX
Maximum Supply: Unlimited PAX
ICO Date: None
Launched: October 2018
Launched Price: $1USD = 1PAX
Genesis Address: unknown
Programming Language: C++, Go, Rust, Solidity
Mineable: No
Modes of Mining: Not Available
Founder/Developer(s): Paxos Trust Company; Charles Cascarilla (co-founder)
Digits: 2(0.00)
Smallest Unit: Unknown
Forked From: None
Forked Coins: None
Algorithm: Ethash
Website: https://www.paxos.com/standard
Twitter: @Paxosglobal
Facebook: Bitcoin.org
Telegram: https://t.me/PaxosStandard
Reddit: Unkown
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