Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Pax Dollar (USDP)

CryptocurrencyFinance

Is the Pax Dollar (USDP) the future of Cryptocurrency?

On 30 June 2023, backed Pax Dollar with Total Cash Deposits with a current market and notional position value of $195.798 million, Paxos reports. They kept around $185.5 million of that cash in FDIC insured placement networks (bank accounts) and $10.298 million of that cash in other deposits and insured depository institutions.

Read More
CryptocurrencyFinance

Can the Pax Dollar (USDP)  grow with Facebook’s Novi?

Novi is an app that allows any user to buy Pax Dollars (USDP) and send them to users in other countries. Currently, Novi is only available in the US and Guatemala. You can download Novi from the App Store and the Google Play Store. Users can sign up for Novi with their phone numbers. They are currently placing Novi users on a waitlist.

Read More