Paxos Standard (PAX) Is Now a Base Pair on Binance

Major cryptocurrency exchange Binance has added Paxos Standard (PAX) as a base currency on its platform, meaning the stablecoin can be coupled with other digital assets listed on the platform. The addition of PAX on Binance will offer traders an alternative to controversial stablecoin Tether (USDT), which, until now, was …

Paxos Standard (PAX) Stablecoin – Secure & USD Collateralized

Just over a month ago on September 10, 2018 the New York based blockchain company Paxos announced the release of a new stablecoin called Paxos Standard, with the ticker symbol PAX. This is a fully USD-collateralized stablecoin that is being released by Paxos Trust Company. It is also regulated and …

New York Regulator Greenlights Paxos Ethereum-Based Stablecoin

A new U.S.-dollar collateralized stablecoin has been given the thumbs up by crypto’s toughest regulatory regime. The New York Department of Financial Services, creators of the controversial BitLicense regulatory framework, greenlighted the Paxos Standard coin on Monday and will regulate the asset. Developed by Paxos, the Ethereum-based stablecoin is designed …