Paxos Standard (PAX) is the New Digital Dollar for Real? — Market Mad House

Paxos Standard (PAX) is the stablecoin creators arrogantly call the new digital dollar. They also call Paxos Standard the “most liquid regulated stablecoin in the world.”

The Paxos Standard website claims to offer instant redemptions in US dollars. To explain, that means you can cash in a Paxos Standard for a US dollar fast.

In essence, Paxos Standard is a US dollar stablecoin built by an organization they call Paxos issues. Paxos has a limited purpose trust charter as the…