Looking for a fully regulated, fiat-backed stablecoin you can actually trust? Meet Pax Dollar (USDP) — formerly known as Paxos Standard.
$USDP is backed 1:1 with USD and is redeemable at any time, making it one of the most transparent and compliant stablecoins in the market. It’s issued by Paxos, a regulated financial institution, and is approved by the New York State Department of Financial Services (NYDFS) — giving it serious regulatory credibility.
Why USDP stands out:
✅ Fully collateralized by U.S. dollars
✅ Monthly attestations of reserves
✅ Strong compliance and trust layer
✅ Seamless on/off-ramps for users and institutions
In a space filled with stablecoin uncertainty, USDP offers simplicity, stability, and state-level regulatory oversight. If you’re looking to park value or move funds with confidence, USDP is worth a look.