Paxos
Stablecoin · Fiat-Backed Regulated · USDP
NetworkStablecoinFiat-Backed RegulatedInstitutional-Gated4 coinsAudited
Paxos Trust Company issues USDP and white-labels regulated dollars for partners — PayPal USD (PYUSD) and the Global Dollar (USDG) — under its NYDFS trust charter.
Regulated white-label stablecoin issuer.
Circulating supply
$5.66B
+0.0% 24h
Latest data · 15 min delay
Risks identified
- Smart Contract
On-chain logic upgrades, bugs, or parameter errors can impair user funds.
- Market
Token, collateral, or peg volatility affects protocol solvency and user outcomes.
- Liquidity
Thin markets make exits, liquidations, or redemptions harder during stress.
- Peg
Stablecoin may de-peg under reserve, liquidity, or confidence stress.