Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

Pax Dollar Price, Live Chart & Market Cap

Pax Dollar (USDP) – Fully Regulated USD-Backed Stablecoin for DeFi, Trading, Wallet Transfers and Low-Fee Payments

Pax Dollar Overview

Pax Dollar (USDP) converts cash into a fast, borderless token that always equals one U.S. dollar. Pax Dollar is issued by Paxos, a New York–regulated trust that keeps reserves fully segregated and audited. Because it travels on multiple blockchains, Pax Dollar fits easily into any DeFi wallet, trading platform or payment app, giving users stable purchasing power without leaving crypto.

Pax Dollar (USDP): Regulated Digital Dollar Stablecoin

Utility & Use Cases USDP

DeFi Liquidity

DeFi Liquidity

Supply Pax Dollar to Curve or Uniswap pools to earn trading fees and yield farming rewards with minimal price risk.
Collateral in Lending

Collateral in Lending

Post USDP on lending protocols such as Aave to unlock loans or earn interest from borrowers.
Instant Payments

Instant Payments

Move Pax Dollar across chains in seconds for payroll, global remittance or B2B settlement.
Fiat Gateway

Fiat Gateway

Apps like PayPal, Mercado Pago and Revolut embed Pax Dollar so users can hold and spend digital USD inside familiar wallets.

Pax Dollar Technologies Overview

Low Network Fees

Low Network Fees

Multi-chain support lets users choose Solana or Arbitrum for sub-cent transfers.
Scalable Issuance

Scalable Issuance

Mint and burn on demand; supply expands only when fresh dollars enter the platform.
Audited Smart Contracts

Audited Smart Contracts

Trail of Bits, ChainSecurity and Zellic audits verify contract safety; no exploits since 2018.
Strict Compliance

Strict Compliance

NYDFS oversight, monthly attestations and SOC-2 controls keep Pax Dollar trustworthy for institutions.

Funding

Paxos raised over $540 million from investors such as Oak HC/FT, Founders Fund and PayPal Ventures, funding the regulated infrastructure that supports Pax Dollar and upcoming expansions.

Roadmap

Layer-2 Expansion

Launch USDP on Optimism and zkSync to cut gas costs and reach new DeFi users.

Global Dollar Network

Offer revenue-sharing incentives to exchanges and payment processors that drive Pax Dollar volume.

Federal Reserve Access

Pursue a Fed master account to enable real-time, 24/7 redemptions.

Pax Dollar Security & Audit Reports

USDP smart contracts are open source, upgrade-controlled by Paxos, and repeatedly audited; reserve funds sit in segregated U.S. bank accounts and Treasury bills, with monthly attestations and the power to freeze illicit addresses if mandated.

FAQ

What backs Pax Dollar?

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Every USDP is matched 1:1 with cash or short-term U.S. Treasury bills.

Is Pax Dollar regulated?

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Yes. Paxos is supervised by the New York Department of Financial Services and undergoes regular exams.

How to redeem USDP for USD?

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Create a Paxos account, complete KYC and send USDP to Paxos to receive dollars by wire or ACH.

How to add USDP to MetaMask?

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Select Ethereum network, choose Import Token and paste contract 0x8e870d67f660d95d5be530380d0ec0bd388289e1.

Can I stake Pax Dollar?

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USDP itself offers no native staking, but you can lend or farm it in DeFi to earn yield.

Which blockchains support USDP?

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Ethereum, BNB Smart Chain, Solana and Arbitrum, with more Layer-2 networks coming.

Does USDP maintain its $1 peg?

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Open redemptions and arbitrage have kept the price near $1 since 2018.

Top Crypto Exchanges to Trade Pax Dollar (USDP)

# Exchange Pair Price 24h Volume
1 ~$1.0015 $1,008,813
2 ~$1 $240,752
3 ~$1.0014 $574,104
4 ~$1.0013 $11,622.49
5 ~$6.045 $535.48
6 ~$1.0014 $102
7 ~$1.0014 $31,585
8 ~$1.0013 $22,526
9 ~$1.0018 $3,044.37
10 ~$1 $1,436.72
Pax Dollar
Pax Dollar USDP Price
#286
$1
-0.0081%
Market Cap
Market capitalization of Pax Dollar (USDP) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$73,234,157
Fully Diluted Variation
Fully diluted valuation of Pax Dollar (USDP) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$73,234,157
24 Hour Trading Vol
24-hour trading volume shows the total amount of Pax Dollar (USDP) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$4,558,331
Circulating Supply
Circulating supply shows the number of Pax Dollar (USDP) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
73,223,449.28
Total Supply
Total supply represents all Pax Dollar (USDP) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
73,223,449.28

Info

Contract
Ethereum Network 0x8e8...88289e1
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