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Pax Dollar (USDP/IDR) Price Today

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About USDP

Fiat-collaterized stablecoin
Pax Dollar is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. The Pax Dollar tokens (USDP) are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts. It is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and BUSD.
Token Type
ERC-20
Token Usage
Payments

Tech Snapshot

Chain ConcensusChain Concensus
Proof of Work (PoW)
Hash AlgorithmHash Algorithm
SHA-256

Community

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Frequently Asked Questions

Crypto Asset is a new type of digital currency. Crypto is decentralized, not controlled by a central authority like a bank or government and instead is exchanged person-to-person.
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Yes, you can send and receive Crypto Assets using your Pluang crypto wallet. We are dedicated to making sure your crypto transactions are safe and secure. We have partnered with Fireblocks, one of the biggest and most secure digital asset self-custody providers in the world, to hold custody of your Crypto Assets and facilitate digital assets transfer.
Spread is the difference between buy and sell price in the form of percentage. Unlike other assets, the spread in cryptocurrency may increase/decrease following the market condition. This happens due to the high volatility of Cryptocurrency and its liquidity. Spread can increase above 1% during very volatile market but usually averages below 1%. Our team here at Pluang will always try to keep the spread as low as possible.
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Key Stats

  • Market Cap
    Rp717,57M
  • Volume (24h)
    Rp45,17M
  • Circulating Supply
    40,6M USDP
  • Trading Activity
    66% Sell | 34% Buy
  • Typical Hold Time
    45 days
Rp17,690
ATH: Rp12,960
13 Mar 2020
ATL: Rp28,773
16 Nov 2021

Pax Dollar currently has a market capitalization of Rp717,57M and a 24-hour trading volume of Rp45,17M. Pax Dollar has traded between an all-time low of Rp12,960 and an all-time high of Rp28,773. The circulating supply of Pax Dollar stands at 40,6M USDP. Recent trading activity shows 66% Sell and 34% Buy, highlighting current market sentiment. On average, investors hold Pax Dollar for approximately 45 days.

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