Pax Dollar vs. USD Coin
Compare key details of Pax Dollar and USD Coin side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
Pax Dollar | USD Coin | |
---|---|---|
Symbol | USDP | USDC |
Type | Fiat-backed | Fiat-backed |
Collateralization Method | Cash & Treasury Reserves | Cash & Short-term Treasuries |
Pegged To | USD | USD |
Issuer | Paxos | Circle |
Blockchain Support | Ethereum | Ethereum, Solana, Algorand, Avalanche |
Market Cap Rank | 6 | 2 |
Reserve Transparency | High (Monthly Audits) | High (Monthly Audits) |
Stability History | Highly Stable | Highly Stable |
Primary Use Cases | Payments, regulatory-compliant uses | Payments, DeFi, savings |
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