Usdp
USDP is a stablecoin wallet designed specifically for private payments on the Base network, focusing on providing secure and confidential payment infrastructure for the AI economy.
下載 Bitget Wallet appWhat is Usdp?
Pax Dollar (USDP) is a regulated, fiat-backed stablecoin issued by Paxos Trust Company. Pegged 1:1 to the U.S. Dollar, its primary mission is to modernize the financial system by mobilizing assets at the speed of the internet while providing a stable, digital alternative to volatile cryptocurrencies.
How Does Usdp Work?
USDP operates as an ERC-20 token on the Ethereum blockchain. It is created when users deposit U.S. Dollars with Paxos; in turn, Paxos mints an equivalent amount of USDP. Conversely, when USDP is redeemed for fiat, the tokens are burned. This ensures the supply is always collateralized 1:1 by cash and U.S. Treasury bills held in regulated reserve accounts.
What Makes Usdp Unique?
USDP stands out due to its high level of regulatory oversight, being issued by a trust company chartered by the New York State Department of Financial Services (NYDFS). It was one of the first stablecoins to offer monthly public attestations of its reserves by top-tier auditing firms (like Withum), providing institutional-grade transparency and security for DeFi, remittances, and commerce.
Who Are the Founders of Usdp?
Usdp was launched by Charles Cascarilla and Rich Teo, the founders of Paxos. Charles Cascarilla (CEO) has a background in finance from the University of Notre Dame and previously co-founded Liberty City Ventures. Rich Teo, a graduate of the University of Michigan, brought expertise as a principal analyst to help establish Paxos as a leader in regulated blockchain infrastructure.
最新新聞
What Key Events Have There Been for Usdp?
Significant milestones include the 2021 rebranding from Paxos Standard (PAX) to Pax Dollar (USDP) to clarify its peg to the dollar. In 2023, USDP received high safety ratings from S&P Global for its reserve clarity. Most recently, in 2025/2026, major partnerships with payment giants like Western Union for integration on high-speed networks like Solana have marked a major push into global remittances.
Project Announcements
Recent updates focus on cross-chain expansion and compliance with new global frameworks like the MiCA regulation in Europe and the GENIUS Act in the US. Paxos continues to publish monthly reserve reports to maintain its 'trust' status.
即將舉行的活動
Latest Airdrop
There are currently no official scheduled airdrops for USDP as it is a stablecoin designed for 1:1 parity rather than speculative distribution.
ICO Time
USDP did not have a traditional ICO; it launched in September 2018 as a regulated financial product.
IDO Time
No IDO scheduled; USDP is minted and redeemed directly via Paxos or acquired through exchanges.
TGE Time
The Token Generation Event occurred in September 2018 at launch.
項目公告
Where to Buy Usdp?
USDP is available on major cryptocurrency exchanges including Binance, Bitget, Coinbase, and Kraken. Popular trading pairs include USDP/USDT, USDP/BTC, and USDP/USD.
Usdp Price
Daily Trading Volume
Approximately $2 million to $5 million USD, reflecting steady use in trading and settlements.
All-Time High
$1.18 on April 16, 2024 (a temporary deviation due to market liquidity spikes), currently trading at approximately $1.00.
All-Time Low
$0.86 on May 19, 2021 (during a brief period of extreme market volatility), currently stabilized at its $1.00 peg.
Market Cap and Valuation
Market Cap
Approximately $106 million USD, though this fluctuates based on the minting and redemption of tokens to meet demand.
Fully Diluted Valuation
As a stablecoin with an uncapped supply based on 1:1 collateral, the FDV is equivalent to the current market cap of circulating tokens.
Usdp Price Prediction
As a stablecoin pegged to the U.S. Dollar, USDP is designed to remain at $1.00. Credible financial analysts do not provide growth-based price predictions for USDP; instead, they focus on its stability and reserve transparency. Experts suggest its long-term value will remain tied to the USD, barring extreme regulatory or black-swan events in the banking sector.
How to buy Usdp?
To purchase Usdp, follow these simple steps using the Bitget Wallet: 1. Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store. 2. Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password. 3. Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods. 4. Navigate to the Market: In the Bitget Wallet, go to the market section and search for Usdp to view available trading pairs. 5. Place Your Order: Select the desired trading pair (e.g., Usdp/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Usdp will be added to your wallet.
常見問題
What is the Purpose of Usdp?
The purpose of USDP is to provide a digital version of the U.S. Dollar that can be moved globally 24/7 with the transparency and speed of blockchain technology while maintaining a stable value.
How Can I Participate in Usdp's Ecosystem?
Users can participate by using USDP for payments, trading on exchanges, or integrating it into DeFi protocols for lending and liquidity provision.
What Sets Usdp Apart from Competitors?
USDP's primary differentiator is its regulatory status as a NYDFS-chartered trust company, which subjects it to stricter capital requirements and oversight than many other stablecoin issuers.
Is Usdp Secure?
Yes, USDP is considered highly secure. It undergoes monthly independent audits and its reserves are kept in segregated accounts, protecting them from the company's operational liabilities.
What are the Risks Associated with Usdp?
Risks include regulatory changes that could impact the issuer, centralized control by Paxos, and the potential for the U.S. Dollar itself to lose value against other assets.
免責聲明與風險提示：本頁面部分內容可能由 AI 輔助或生成，僅供一般參考。如需最準確、最新的資訊，請以專案官方網站為準。Bitget Wallet 珍視每一份合作。如您發現任何問題或不準確之處，歡迎透過 [email protected] 聯絡我們 —— 我們感謝您的回饋並將持續改進。
