PAX Gold is an ERC-20 stablecoin attached to physical gold reserves located in secure vaults. Advantages of a stablecoin: liquidity, availability, customer protection, audits, compliance with regulatory requirements.

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PAX Gold

Paxos Standard is a stablecoin aimed at combining the stability of the dollar with the blockchain, with its help it is possible to exchange US dollars for Paxos Standard tokens (USDP).

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Pax Dollar

Binance USD (USD) is a stable coin issued by the regulated Paxos platform with the support of the Binance cryptocurrency exchange. It is pegged to the US dollar and backed by real currency in bank accounts, which is confirmed by monthly checks. Binance USD is one of the few digital currencies approved by the NYDFS (New York State Financial Services Authority).

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Binance USD

The FSB

Paxos responded to the @FinStbBoard's Recommendations for Global Stablecoins report on Dec. 15. Curious about our perspective? Read how Paxos thinks regulatory gaps aren’t as wide as perceived and our take on how stablecoins should be issued and managed: https://t.co/fmdqP2Xv6B

Paxos responded to the @FinStbBoard's Recommendations for Global Stablecoins report on Dec. Curious about our perspective.