Pax Dollar

Type: Stablecoin

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About Pax Dollar

Founded	2018
Headquarters	New York, New York, United States
Market share	Pax Dollar is one of the leading stablecoins in the market, competing with Tether (USDT) and USD Coin (USDC).
Major competitors	Tether (USDT) USD Coin (USDC) TrueUSD (TUSD) Dai (DAI)
Notable partnerships	Collaboration with cryptocurrency exchanges like Binance and Coinbase. Partnerships with financial institutions for payment solutions. Integration with various DeFi platforms for liquidity provision.
Recent developments	Expansion of partnerships with various cryptocurrency exchanges. Integration with decentralized finance (DeFi) platforms. Increased adoption among institutional investors.
Regulations	Pax Dollar operates under strict regulatory frameworks, ensuring compliance with financial laws.
Official website	https://paxos.com/pax-dollar/