Live USD coin to Paxos Standard Token price
Currently, 1 USDC equals to undefined PAX. In the last 24 hours, the conversion rate for USDC to PAX was highest at 1.001 PAX and the lowest was 1.001 PAX.
Chart USDC ke PAX
USD coin to Paxos Standard Token correlation
Both the USD coin and Paxos Standard Token are stablecoins. Unlike other cryptocurrencies, they belong to a new genre of cryptocurrencies called Stablecoins and their price always remains equal to $1 all the time and the market conditions have little to no effect on them. There is no correlation or any relationship between USD coin and Paxos Standard Token.
USDC to PAX exchange margin
The closing conversion rate for USDC to PAX yesterday was 0.9998 PAX. Considering today’s exchange rate, a transaction of 1 USDC to PAX would result in an output of undefined PAX. Today, you will receive 0.9998 PAX less to your wallet.
How to convert USD coin to Paxos Standard Token
Ikuti langkah mudah ini untuk menukar USD coin
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USD coin and Paxos Standard Token comparison
USD coin is a stablecoin pegged to the US Dollar at a ratio of 1:1 which means the price of 1 USDC will always be equal to 1 US Dollar. USDC was developed jointly by Circle and Coinbase on the Ethereum network. For transparency, the details about the US Dollar reserves backing the USDC token were published every month. USDC can be the go-to choice as a store of value and avoid market volatility. It can be used to make cross-border transactions in minutes and can also be traded against other cryptocurrencies.
Paxos Standard is a stablecoin launched in 2018 by Paxos, a financial institution based in New York. Paxos Standard is backed by the traditional fiat currencies like USD in the ratio 1:1 which make its value stable all the time and 1PAX equals to $1. It was launched amidst the Tether controversy in which USDT was criticized for issuing tether out of thin air in 2018 without a proper backing by the assets. Paxos aims to resolve this by holding the collateral in FDIC-insured banks and also publishes reports of audits conducted. To add an extra layer of authenticity, Paxos is certified by the New York State Department of Financial Services. PAX is an ERC-20 token and can be used for cross-border transactions, making payments at merchants and also as a store of value.
USDC and PAX are popular in the cryptocurrency market. USDC has a total market cap of 143812181 USD with a circulation supply of 14380157844 USDC. PAX has a market cap of 908474024 USD with 909804609 PAX in circulation.
USD coin to Paxos Standard Token price details
USDC to PAX Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to undefined PAX. The 24-hour highest price of USD coin was 1.001 USD and the lowest was 0.9997 USD. In the same period, Paxos Standard Token hit highs of 1 USD and lows of 0.9988 USD. In short, USDC price rose by 0.004627% and PAX decreased by -0.047423%.
Instantly Exchange USDC to PAX
On ChangeHero you can instantly exchange USD coin to Paxos Standard Token without signup. You can easily convert USDC to PAX in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDC to USDC exchange.
USDC to PAX Best Rate Exchange
In the the Best Rate exchange of USD coin to Paxos Standard Token, we search through various exchanges for the USDC to PAX pair and find the best rate available in the market. We provide you with an estimation of the amount of PAX you will receive.
As soon as you accept the terms and the USDC is deposited, the exchange will be automatically processed. We remind you that the final amount of PAX you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to PAX.
USDC to PAX Fixed Rate Conversion
In the the Fixed Rate exchange of USD coin to Paxos Standard Token, ChangeHero finds a good rate for the pair USDC to PAX and fix the rate for up to 15 minutes. In the Best Rate exchange of USDC to PAX, you will receive the exact amount of PAX which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned PAX address. ChangeHero is the best place to exchange USDC to PAX fast and safe at the best rates.