PAX/SGD Singapore Chart

{{ 'wallet.details.news' | translate }}
{{ article.date }} - {{article.source}}
{{ 'wallet.details.about' | translate }}

Paxos Standard (PAX) is a stablecoin - a cryptocurrency which price is linked to an asset - that allows users to exchange the US dollar (USD) for Paxos Standard Tokens at 1:1 proportion. This means PAX has a stable price point of about 1 US Dollar at any given point in time.

Paxos, the company behind PAX, is approved and regulated by the New York State Department of Financial Services (NYSDFS), which aims to combine the speed of digital assets and security and protection of the old schools financial systems.

Logo spinner