Pax Dollar Price (USDP)
Pax Dollar Price (USDP)
1 USDP to USD Live Price:
Pax Dollar Price Today
The live Pax Dollar (USDP) price today is $ 0.99647, with a 0.09% change over the past 24 hours. The current USDP to USD conversion rate is $ 0.99647 per USDP.
Pax Dollar currently ranks #- by market capitalization at $ 22,418,974, with a circulating supply of 22.50M USDP. During the last 24 hours, USDP traded between $ 0.99421 (low) and $ 1.0 (high), reflecting market activity. Its all-time high stands at $ 1.18, while the all-time low was $ 0.863529.
In short-term performance, USDP moved -0.05% in the last hour and +0.57% over the past 7 days. Over the past day, total trading volume reached $ 64.56K.
Pax Dollar (USDP) Market Information
The current Market Cap of Pax Dollar is $ 22.42M, with a 24-hour trading volume of $ 64.56K. The circulating supply of USDP is 22.50M, with a total supply of 22498494.569794428. Its Fully Diluted Valuation (FDV) is $ 22.42M.
Pax Dollar Price History USD
-0.05%
-0.08%
+0.57%
+0.57%
Price Prediction for Pax Dollar
In 2040, the price of Pax Dollar could potentially see a growth of 0.00%. It could reach a trading price of $ 0.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Pax Dollar will reach in 2026–2027? Visit our Price Prediction page for USDP price predictions for the years 2026–2027 by clicking Pax Dollar Price Prediction.
What is Pax Dollar (USDP)
Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space.
The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology.
Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology.
Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by some of the top cryptocurrency exchanges, Binance, OKEx, Gate.io, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that.
The Pax Dollar (USDP) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.
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About Pax Dollar
What is today's price of Pax Dollar (USDP)?
The live price is $0.99647, reflecting a price movement over the last 24 hours of -0.08%. This number is recalculated every few seconds to reflect real-time trading across global markets.
How many tokens of USDP are in circulation?
The circulating supply of USDP is 22498494.569794428, representing the amount currently held by the public. Circulating supply affects price discovery and market capitalization, especially for emerging assets.
How many holders currently own Pax Dollar?
There are an estimated -- unique holders of USDP across the supported network(s). A growing holder count generally indicates rising adoption and long-term interest in the asset.
What is the market cap of Pax Dollar today?
The market capitalization stands at $22418974, positioning Pax Dollar at rank #734 worldwide. Market cap helps investors understand the relative size and maturity of the asset compared to others.
How actively is USDP being traded today?
Over the past 24 hours, the token recorded $-- in trading volume. Higher volumes often correlate with stronger liquidity and higher trader participation.
What is driving the recent movement of Pax Dollar?
The recent price movement of -0.08% over the last 24 hours is influenced by market sentiment, investor behavior, category-wide performance within Stablecoins,USD Stablecoin,Solana Ecosystem,Ethereum Ecosystem,Multicoin Capital Portfolio,Fiat-backed Stablecoin,Paxos Ecosystem,GENIUS Act Compliant Stablecoin, and updates from the -- ecosystem. Hot news or rising trading interest may also contribute.
People Also Ask: Other Questions About Pax Dollar
Pax Dollar (USDP) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 02-11 14:20:00 | Industry Updates | Over the past 24 hours, CEX net outflow of 59,400 ETH |
| 02-10 18:39:21 | On-chain Data | Yesterday, Bitcoin spot ETF saw a net inflow of $144.9 million, while Ethereum ETF recorded a net inflow of $57 million |
| 02-04 11:04:00 | Industry Updates | Crypto Fear Index Drops to 14 Again, Market Remains in "Extreme Fear" Zone |
| 02-04 00:48:00 | Industry Updates | $285 Million Liquidated Across the Network in the Past 24 Hours, Both Longs and Shorts Wiped Out |
| 02-01 01:12:00 | Industry Updates | Bitcoin breaks below previous low of $80,600, hitting a new low since April 11, 2025 |
| 01-28 07:44:00 | Industry Updates | Dollar Index Hits Lowest Level Since February 2022, Crypto Market Continues Rally |
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Disclaimer
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