Pax Dollar (USDP)
Pax Dollar (USDP) is a stablecoin that is referencing (pegged to) the U.S. dollar. USDP is classified as a centralized stablecoin, backed by U.S. Treasury bills with short maturities as a U.S. dollar equivalent.
Pax Dollar (USDP)
Pax Dollar (USDP) is a stablecoin that is referencing (pegged to) the U.S. dollar. USDP is classified as a centralized stablecoin, backed by U.S. Treasury bills with short maturities as a U.S. dollar equivalent.
This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable
Paxos will increase the share of its USDP stablecoin in Maker's DAI Peg Stability Module (PSM). To facilitate this Paxos will transfer MakerDAO 45% of the income it gets from its own reserves on the deposited coins.
Alex Harutunian
Paxos will increase the share of its USDP stablecoin in Maker's DAI Peg Stability Module (PSM). To facilitate this Paxos will transfer MakerDAO 45% of the income it gets from its own reserves on the deposited coins.
Alex Harutunian
This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable
Alex Harutunian
