What is USDP (USDP)
Founded in September of 2018, 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. The Pax Dollar tokens (USDP) are issued as ERC-20 token on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts.
USDP is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your USDP investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check USDP staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about USDP on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your USDP buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
USDP Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as USDP, Bitcoin, or Ethereum. What will be the future price of USDP? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our USDP price prediction page.
USDP Price History
Tracing USDP's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing USDP's potential future trajectory. For detailed price history information, please check out our USDP price history page.
How to buy USDP (USDP)
Looking for how to buy USDP? The process is straightforward and hassle-free! You can easily purchase USDP on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
USDP to Local Currencies
USDP Resource
For a more in-depth understanding of USDP, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About USDP
The live price of USDP (USDP) is 0.9996 USD.
The current market cap of USDP is $ 73.19M USD. It is calculated by multiplying the current supply of USDP by its real-time market price of 0.9996 USD.
The current circulating supply of USDP (USDP) is 73.22M USD.
As of 2025-06-09, the highest price of USDP (USDP) is 2.0006 USD.
The 24-hour trading volume of USDP (USDP) is $ 6.30K USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.
