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0.00%Paxo Standard Token (PAX) is a stablecoin that enables users to swap US dollars for Paxos Standard Tokens to transact at the velocity of the internet. It strives to integrate the strength of the dollar with blockchain technology. Paxos, the corporation behind PAX, has a bond from the New York State Department of financial services which authorises it to give regulated services in the crypto asset space.
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