USDP
Founded in September of 2018, Pax Dollar is a flat-collateralized stablecoin. Stablecoins are cryptocurrencies that are designed to minimize the volatility of the price of the stablecoin, relative to a certain stable asset or a basket of assets. A stablecoin can be pegged to a cryptocurrency or flat money. In some cases, it can even be traded for commodities. Pax Dollar offers the advantage of transacting with blockchain assets through minimized price risk. The Pax Dollar tokens (USDP) are issued as ERC-20 token on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts.
Name USDP
Rank No.630
Market Cap $25.03M
Fully Diluted Market Cap $25.03M
Market Share %
Trading Vol/Market Cap (24H) 1.73%
Circulation Supply 25.08M
Max Supply 0
Total Supply 25,084,307.41069443
Circulation Rate %
Issue Date --
The price at which the asset was first issued --
All-Time High 2.02277060708566276, 2021-11-16
Lowest Price 0.872764435084, 2020-03-13
Public Blockchain USDP
Introduction Founded in September of 2018, Pax Dollar is a flat-collateralized stablecoin. Stablecoins are cryptocurrencies that are designed to minimize the volatility of the price of the stablecoin, relative to a certain stable asset or a basket of assets. A stablecoin can be pegged to a cryptocurrency or flat money. In some cases, it can even be traded for commodities. Pax Dollar offers the advantage of transacting with blockchain assets through minimized price risk. The Pax Dollar tokens (USDP) are issued as ERC-20 token on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts.
Sector
- common.mc-trade-zone-standalone
Social Media
Fund Flow Analysis
|
Buy(USDP) |
Sell(USDP) |
Net Inflow |
| Big |
0.000 |
0.000 |
0.000 |
| Medium |
0.000 |
0.000 |
0.000 |
| Small |
1.976K |
10.482K |
-8506.790 |
| Total |
1.976K |
10.482K |
-8506.790 |
Disclaimer: Data provided by cmc and should not be considered as investment advice.
