Paxos-native NYDFS-regulated USD stablecoin.
Historical peg variance
Tight peg90-day series · source: DeFi Llama
Chain distribution
Circulating supply by chain · updated 7d ago
Ethereum28.2M USDP88.3%
Solana2.3M USDP7.2%
BSC1.4M USDP4.5%
Linea2 USDP0.0%
Metadata
Issuance
Backing & mint/redeem mechanics per the issuer.
Peg mechanismFiat-backed
Paxos customers who have undergone a verification process can exchange USD for USDP and redeem USDP for USD.
Published audits
paxos.com/attestations/