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

UPDATE: Paxos, at the direction of US Federal Law enforcement, froze 11,184.38 PAXG tokens valued at ~$19M. These tokens were on FTX and moved to unknown addresses in the last 24hrs. This is rapidly evolving. https://t.co/bJdAsrNrH3

UPDATE: Paxos, at the direction of US Federal Law enforcement, froze 11,184. 38 PAXG tokens valued at ~$19M.