Pax Dollar (USDP)
Rank #614

Contract address:

US$ 0,9996-US$ 0,000292(-0,03%)

Updated: 07/12/2026, 06:55 PM BRT

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Change by period

1h
+0%
24h
-0,03%
7d
+0,01%
14d
+0,02%
30d
+0,02%
1y
-0,03%

High / low (24h)

24h high

US$ 0,9999

24h low

US$ 0,9995

Price history

All-time high (ATH)

US$ 1,1815.6% below

Apr 16, 2024

All-time low (ATL)

US$ 0,863516% above

May 19, 2021

Price today

Pax Dollar (USDP) price today

The price of Pax Dollar (USDP) today, 07/12/2026, is US$ 0,9996, with a change of -0,0% down in the last 24 hours. The market capitalization of USDP is US$ 31,94 mi. Check below the 24-hour high and low:

24h range

Low US$ 0,9995High US$ 0,9999

Current price relative to the 24h low and high.

. The price of Pax Dollar in real time is automatically updated according to the global cryptocurrency market.

Trading activity (24h)

24h volume: US$ 8,79 mi
24h change: -0,03%
24h high: US$ 0,9999
24h low: US$ 0,9995

Tools

Calculators and converter

Convert USDP to fiat, simulate trade returns and compound yields.

Crypto market sentiment

Fear and greed index

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Extreme fear
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About

What is Pax Dollar (USDP)?

Everything you need to know about Pax Dollar: origin, how it works, supply and official resources.

Pax Dollar (USDP) is a stablecoin created by Paxos, aimed at modernizing the way assets are moved, with a proposal for more efficient settlement and lower risk. The project is part of Paxos's ecosystem of regulated solutions for crypto assets and virtual commodities.

Origin and Paxos's credentials

Paxos received a charter from the New York State Department of Financial Services. As a limited purpose trust company with fiduciary powers under the Banking Law, the company offers regulated services in the crypto asset and virtual commodities space.

The company was founded in 2012 as Paxos Trust Company and, for much of its history, operated the itBit exchange. This move helped direct the focus toward a modern settlement platform supported by blockchain technology.

How Pax Dollar works

USDP is described as the first digital asset issued by a financial institution and fully backed by the United States dollar. The proposal is to provide a model in which the USD backing is decisive for the issuance of the token.

Use and market adoption

Paxos claims to have quickly achieved broad adoption, with support on multiple exchanges and OTC desks. Among the venues mentioned in the source text are Binance, OKEx, Gate.io, KuCoin, and DigiFinex, which list PAX as an alternative to other stablecoins.

Among the executives, CEO and co-founder Charles Cascarilla is mentioned as having experience in financial services, in addition to having worked at Bank of America and Goldman Sachs.