Paxos Standard Token (PAX) Introduction
Paxos Standard™ token, a new digital-asset that is fully collateralized one-for-one by USD, issued by the Paxos Trust Company and regulated by the New York Department of Financial Services.
We explain the advantages that Paxos Standard brings to financial markets, allowing participants to transact in a trusted and secure, USD-backed and denominated asset with the benefits of blockchain technology and the oversight of financial regulators.
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