USDP Stablecoin
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USDP to USD converterUSDP
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$0
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$0
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$0Volume(24h)
$0FDV
$0Circulating Supply
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DeFi
Stablecoin
About USDP StablecoinUSDP Stablecoin is the Pax Dollar stablecoin issued by Paxos Trust Company representing fiat-backed USD exposure on the blockchain. USDP maintains a one-to-one peg with the US dollar through institutional-grade reserves held by Paxos and regulatory oversight from the New York Department of Financial Services. Trading on Binance and other major exchanges with $200+ million in liquidity, USDP provides a compliant stablecoin alternative to USDC and USDT for DeFi applications and cross-chain settlement. The token emphasizes regulatory clarity and institutional compliance, making it a popular choice for institutions and traders seeking SEC-regulated stablecoin infrastructure. USDP's adoption depends on achieving competitive liquidity depth and integration into major DeFi protocols and trading platforms relative to larger stablecoin competitors.
Assets Details
Access Model
PermissionlessRedeemable
YesAttestations
NoCEX Listed
YesKYC to mint or redeem
YesTransferable
YesSelf Custody
Yes