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Home > Pax Dollar
Pax Dollar

what is Pax Dollar(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 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts.

What are the different types of cryptocurrency exchanges?

Binance、Coinbase Pro、OKEx、Kraken、Huobi Global、Bitfinex、MEXC

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Latest Pax Dollar (USDP) news, we cover Pax Dollar (USDP) news and blockchain news.
Follow the continued development of Pax Dollar and the rise of a borderless, permissionless financial system. The evolution of the Pax Dollar industry, the best ways to invest in Pax Dollar, and how Pax Dollar futures impact blockchain adoption. How industry stakeholders will work to make Pax Dollar a mainstay in people's lives.

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China To Settle $582,300,000,000 in Yuan Worldwide Amid Push to Circumvent US Dollar: ReportMay 29,2023
China says it's now signed $582.3 billion worth of global currency settlement agreements that will exclusively utilize the yuan.
Global Shift Away From US Dollar Is Now ‘Inevitable’, Says Venezuelan President Nicolas MaduroMay 23,2023
Venezuelan President Nicolas Maduro says a significant decline in the global use of the US dollar is now inevitable.
BRICS and Other Countries’ Push To Align Against US Dollar Now ‘Irrevocable’: Investor Matthew PiepenburgMay 16,2023
Countries around the world have embarked on an irreversible agenda to divorce from the US dollar, according to veteran investment guru Matthew Piepenburg.
US Dollar Supremacy Remains Unchanged As 187 Countries Don’t Want Their Own Currency: Chamath PalihapitiyaMay 15,2023
Billionaire Chamath Palihapitiya believes the US dollar's primacy remains unquestionable despite recent headlines featuring the trend of de-dollarization.
Bitcoin (BTC) Slumps as US Dollar Witnesses Strongest Week Since February Amid Upcoming Debt Ceiling Face-OffMay 14,2023
Bitcoin (BTC) and most of the crypto market witnessed a move to the downside as the US dollar registered its strongest week in months.
US Responds to Massive BRICS Expansion Effort As Nations Push to Launch Global Currency, Ditch DollarMay 07,2023
The US State Department is responding to reports that the group of economically-aligned nations known as BRICS is preparing for a major expansion.
Investor Who Netted $1,000,000,000 Betting Against British Pound Is Now Shorting US Dollar: ReportMay 02,2023
Prolific American investor Stanley Druckenmiller says he's now positioning himself short on the US dollar.
Stock Market To Witness Biggest Crash Since 1929 as US Dollar Explodes: Economist Henrik ZebergMay 01,2023
Macro economist Henrik Zeberg says that the stock market is likely en route to one of its biggest crashes in history.
‘Catastrophic’ Collapse in American Standard of Living Incoming As Global De-Dollarization Takes Hold: Economist Peter St OngeApr 29,2023
Economist Peter St Onge just issued a major warning on the fate of the US dollar and the quality of life in America.
US Dollar ‘Finished’, American Empire in Peril As Strategic Rivals Target USD: Ex-Goldman ExecutiveApr 25,2023
The future of the US dollar and the American empire itself is now firmly in doubt, according to a financial analyst and former Goldman Sachs executive.
US To Suffer Devastating Hyperinflation, War, Starvation As BRICS Dumps Dollar: Robert KiyosakiApr 25,2023
Rich Dad Poor Dad author Robert Kiyosaki is issuing a dire warning to Americans, saying that the country is likely to witness one crisis after another as BRICS nations send their dollars back to the United States.
De-Dollarization a Matter of National Security for China and Other Nations: Investment Strategist Luke GromenApr 20,2023
Macro investor Luke Gromen says that the dollar's dominance in the global trading of oil is an existential threat to China and a number of other nations.
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