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PayPal USD PYUSD |
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£0.7898656 |
0.03 % (24h) |
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Marketcap |
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£682,742,787 |
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Volume 24h |
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£11,998,715 |
Description
Pax Dollar (PYUSD) is a stablecoin designed to provide a stable and secure digital representation of the US dollar. Launched in 2023 by Paxos, PYUSD aims to offer a reliable and decentralized alternative for transactions and digital finance applications. PYUSD, the platform's native token, is used for payments, transactions, and as a reserve asset within the ecosystem. Pax Dollar seeks to enhance the stability and efficiency of digital currency in various applications.