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

Rich Teo

Paxos

Binance

RT @rich_teo: Of the top 3 #stablecoins, ONLY #BUSD, issued by @PaxosGlobal in partnership with @binance, is held in a bankruptcy remote tr…

Of the top 3 #stablecoins, ONLY #BUSD, issued by @PaxosGlobal in partnership with @binance, is held in a bankruptcy remote trust and is PROHIBITED from using reserves or balance sheet to provide or enhance yield either directly or in #DeFi