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Pax Dollar Overview
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About Pax Dollar
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Learn About Pax Dollar
Pax Dollar Survived What Killed BUSD and USDC
Pax Dollar (USDP) is a regulated USD-pegged stablecoin issued by Paxos under New York trust charter, with reserves held 100% in cash and cash equivalents in segregated, bankruptcy-remote accounts. USDP trades at $1.00 with a market cap around $40.5M, daily volume between $4.4M and $10.6M, ranked outside the top 400 on CoinGecko. Despite a market that dwarfs it, USDP held its peg through the February 2023 wind-down of BUSD by NYDFS and the March 2023 USDC depeg after Silicon Valley Bank's collapse. Paxos secured conditional OCC national trust charter approval in December 2025, attestations are now issued by KPMG LLP under AICPA standards, and Mastercard and Visa are integrating USDP for merchant settlement. Binance and Crypto.com delisted USDP for European users under MiCA, severing a key liquidity lifeline. USDP is built deliberately for regulatory durability rather than scale.
Why ApeCoin Survived When Most NFT Tokens Died
People like to tell a story about the failure of NFT tokens as a whole. They say tokens were nothing more than a fad, and APE just hasn't run its course in death yet. The data tells a much more interesting story. Through key decisions made early on, ApeCoin structurally differentiated itself from its competition. Those who buy ApeCoin today are betting on governance and treasury design, not JPEGs.
Toncoin Survived Telegram's SEC Battle and Built Something Bigger
No project had ever been killed off quite so publicly or returned with so many preinstalled users. Telegram caved to the SEC in May of 2020, forked $1.2 billion to investors, and declared the project dead. People assumed TON was dead. Instead, six years later, Toncoin is being used to power Telegram Mini Apps as the sole blockchain allowed in Telegram's growing ecosystem, powers 500,000 active wallets daily, and functions as the foundational layer of a decentralized finance and gaming economy accessed by over 950 million users monthly.
Often Discussed Alongside Pax Dollar
Tokens that appear with Pax Dollar in our academy articles.
Pax Dollar Market Data
The live Pax Dollar price today is $1.00 USD with a 24-hour trading volume of $3,153,166.61 USD. We update our USDP to USD price in real-time. Pax Dollar is up 0.07% in the last 24 hours.
The current market cap is $29,619,219.39 USD, ranking #421 by market capitalization. The circulating supply is 29,650,135 USDP.