Pax Dollar (USDP) Transparency Reports

We make every report available – because your money matters.

Pax Dollar (USDP) Transparency Reports

We make every report available – because your money matters.

Monthly Reserve Reports

USDP is reviewed by a top-ranking auditing firm on a monthly basis to verify its supply matches the reserve account comprised of US Dollars and debt instruments that are expressly guaranteed by the full faith and credit of the United States Government, including through repurchase agreements and/or money-market funds composed of such debt instruments. 

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USDP: The world’s leading regulated stablecoin

A digital dollar that always equals a dollar

Regulated

Highest industry standards
Paxos’ issued stablecoin USDP is subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.

1:1 Redemption

Always available
USDP reserves are held 100% in cash and US treasuries, meaning customer funds are always available for 1:1 redemption.

Bankruptcy Remote

Assets fully segregated
Under New York banking law, in the event of Paxos Trust’s insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote. All USDP stablecoin reserves are held in segregated, bankruptcy remote accounts.

Regulation & Transparency

Building trust in digital assets with regulated blockchain infrastructure & regulated, fully-backed USD stablecoins.

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