Paxos Standard token (PAX) is a stable coin that is fully collateralized one-for-one by USD, issued by the Paxos Trust Company and regulated by the New York Department of Financial Services.
On September 21, a cryptocurrency exchange Binance lists Paxos Standard token (PAX) on its platform.
Deposits are open. Trading for PAX/BNB and PAX/BTC trading pairs will open at a later date and Binance will make a separate announcement prior to this.