Convert USDP to equivalent US Dollars at any time. Paxos offers unparalleled assurance to customers that their USDP is backed one-to-one by the dollar.
USDP is subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.
100% Cash Reserves
USDP reserves are held in cash and cash equivalents, meaning that customer funds are always kept safe and available for redemption.