USDP Pax Dollar USD
USD-pegged · fiat-backed · #86 by USD value
Peg history unavailable for USDP — we only hold daily price history for coins with a CoinGecko listing in our tracked set.
Supply Over 90 Days
About Pax Dollar
Pax Dollar holds usd reserves (paxos) against its USDP supply, issued by Paxos Trust Company. Supply spans 4 chains, with Ethereum holding 88% of it. Figures on this page come from DefiLlama and refresh daily at 00:00 UTC.
Chain Distribution supply by blockchain
| Chain | Share | Supply |
|---|---|---|
| Ethereum | 88.3% | $28.2M |
| Solana | 7.2% | $2.3M |
| BSC | 4.5% | $1.4M |
| Linea | 0.0% | $2 |
Supply Changes
Frequently Asked Questions
What backs USDP?
USDP is backed by usd reserves (paxos). The issuer is Paxos Trust Company. Reserve composition is as reported by the issuer; this page does not audit it.
How is USDP different from USDT and USDC?
USDT and USDC are the two largest USD stablecoins by circulation. USDP shares the USD peg but differs in issuer, reserve composition, chain mix, and where it is accepted. Use the comparison pages below for a field-by-field breakdown.
Where does the data on this page come from?
Circulating supply and chain distribution come from DefiLlama's stablecoin API; price and 24h volume come from CoinGecko. The page rebuilds daily at 00:00 UTC. Non-USD coins are converted to USD-equivalent using approximate reference rates, so those figures are indicative rather than exact.
Details
| Full Name | Pax Dollar |
| Symbol | USDP |
| Peg | USD |
| Peg Mechanism | fiat-backed |
| Backing | USD reserves (Paxos) |
| Issuer | Paxos Trust Company |
| Chains Deployed | 4 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-08-09 · refreshes daily 00:00 UTC |
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