dollar: News of Pax Dollar (USDP) - July 2024 Price Update - 17.92% Breakout Crypto News and Analysis

Explore the Core.

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. .

Spot the Main Event:

Paxos International announced the launch of Lift Dollar ($USDL) – a yield-bearing stablecoin that democratizes access to US dollars and safe yield generated from cash and cash equivalent assets. Now, you can seamlessly spend, save and trade, all while earning yield.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.