Rate Paxos Standard 1,00 EUR
Change (24h): 0,00%
Concept: Not mineable
Tags: Stablecoin, Ethereum Token (ERC-20), Binance Coin Token (BEP-20)
Calculator PAX / EUR
How is 1 Paxos Standard?
PAX | 0 EUR | |
EUR | 0 PAX |
Team
- Charles Cascarilla
- Sheila Bair
- Bill Bradley
- Robert Herz
- Jim Manzi
- Andrew Chang
- Duncan Niederauer
- Rachel Nelson
- Rajesh Nair
- Bharath Jayaraman
- Marisa Goldberg
- Jake Skinner
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Description
Paxos Standard is regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions. Paxos Standard (PAX) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space. The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology.