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USDP Crypto Price

Pax Dollar
$
0.574
+0.0134(+2.390%)

USDP Crypto Price Chart

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  • USDP FAQs

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    What is price prediction 2025 for USDP Crypto?

    The price of USDP Crypto is expected to remain stable at around $1 in 2025, as it is a stablecoin designed to maintain a 1:1 peg with the US Dollar. USDP's primary use in transactions and its lack of volatility make it unlikely to experience significant price fluctuations.

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    What is surpport and resistant level for USDP Crypto?

    Key Stats

    24H High
    0.9997
    24H Low
    0.9993
    24H Volume
    125.74K
    24H Volatility
    0.04%
    All Time High
    2.00
    All Time Low
    0.9402
    Correlation with BTC
    0.08
    Return On Investment
    -0.06%
    What is Pax Dollar?

    Founded in September of 2018, Pax Dollar is a flat-collateralized stablecoin. Stablecoins are cryptocurrencies that are designed to minimize the volatility of the price of the stablecoin, relative to a certain stable asset or a basket of assets.A stablecoin can be pegged to a cryptocurrency or flat money. In some cases, it can even be traded for commodities. Pax Dollar offers the advantage of transacting with blockchain assets through minimized 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.

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