PAX can now be redeemed instantly, stoking up competition in stablecoin market
Paxos' stablecoin Paxos Standard ($PAX) now offers immediate withdrawals on its new platform without fees or requirements. On its platform, U.S.D. and PAX are shown as one balance sheet as well. Since April 25th's New York AG allegations against Tether ($USDT), PAX has gained $71 million in supply.
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