Pax Dollar vs USDS — how do they compare? Pax Dollar trades at Rp17,861 (market cap Rp570,52M, Rp64,08M 24h volume), while USDS trades at Rp17,854 (market cap Rp175,07T, Rp4,56T 24h volume). The key difference: USDS is far larger — about 306860.4× Pax Dollar's market cap, and Pax Dollar's circulating supply is 32M USDP versus 9,8B USDS for USDS. Which is the better fit depends on your goals — on Pluang, investors hold Pax Dollar for 48 Days and USDS for 12 Days on average.
| USDP | USDS | |
|---|---|---|
Market Cap | Rp570,52M | Rp175,07T |
Volume (24h) | Rp64,08M | Rp4,56T |
Circulating Supply | 32M USDP | 9,8B USDS |
Typical Hold Time | 48 Days | 12 Days |
What Pluang investors did over the last 30 days
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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.
Read more on USDP →USDS (Sky Dollar) is a decentralized stablecoin issued by Sky Protocol, the rebranded successor to MakerDAO, one of DeFi’s most established names. Pegged 1:1 to the US dollar, USDS is minted by locking crypto assets as collateral and is fully upgradeable from DAI at a 1:1 ratio. Beyond price stability, USDS offers native yield through the Sky Savings Rate, governance token rewards via SKY, and is available across multiple chains including Ethereum and Solana.
Read more on USDS →