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PayPal USD PYUSD

BUY

£0.7897023

0.01 % (24h)

Marketcap

£3,059,535,245

Volume 24h

£35,343,230


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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.