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27 July 2021

Stablecoin Issuer Paxos Shares Details on PAX, BUSD Reserves

Stablecoin Issuer Paxos Shares Details on PAX, BUSD Reserves


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Stablecoin Issuer Paxos Shares Details on PAX, BUSD Reserves.

In a detailed blog post published yesterday, Paxos, the company in charge of the PAX and BUSD stablecoins shared details about the breakdown of its stablecoin reserves.

Paxos added that at present, there exist only 3 truly regulated stablecoins – Paxos Standard (PAX), Binance Dollar (BUSD), and Gemini Dollar (GUSD).

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