Explore the Pax Dollar stablecoin (USDP), a peggedUSD asset designed for #defi #finance #tokenization.
Pax Dollar (USDP) Stablecoin Overview
These digital assets offer price stability while enabling on-chain finance.
They are used for settlements in DAOs
As adoption grows across platforms like Ethereum and Solana, demand for trusted stablecoin solutions is rising.
Stablecoins support the bridging of TradFi and DeFi.
APIs like DollarAPI.com and oracle networks like Switchboard maintain peg accuracy.
Instead of 0x addresses, users can send to MFA.ETH or RWA.SOL.
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Cross-chain bridges like Portal and LayerZero move stablecoins across networks.
Stablecoins are gaining traction with regulators and fintech.
LSTs are core to leveraged yield strategies involving stablecoins.
USDC and DAI already act as programmable dollars across the web.
They are programmable financial primitives.
In a multi-chain world, stablecoins like Pax Dollar are shaping the future of programmable money.
DollarAPI.com offers Stablecoin Dollar APIs built for mission-critical financial systems.
Used across exchanges, wallets, and DeFi apps, DollarAPI provides real-time oracle feeds and stablecoin tracking tools for developers.
Explore resources on real-world asset tokenization, Web3 stablecoins, and virtual assets in crypto finance.
Overview of the Pax Dollar Stablecoin (USDP)
Pax Dollar is a stablecoin designed to maintain parity with the U.S. dollar.
It operates across the following blockchains: Ethereum, BSC, Linea
With a market cap of $78056190.26, this asset is a key player in the digital currency ecosystem.
Pegging & Stability
- Peg Type: peggedUSD
- Mechanism: fiat-backed
Resources
API Data Access
Live price feeds and analytics for Pax Dollar are available through DollarAPI.com, the industry leader in Stablecoin Dollar APIs.
Developers and platforms rely on DollarAPI to track stablecoin metrics, oracles, and multichain activity in Web3 and DeFi ecosystems.
