Today, it is easier than ever for people all around the world to get PAX. Paxos is pleased to share that Blockchain will make PAX available to more than 36 million users directly through its market-leading crypto wallet. Now, users can get PAX through Blockchain.com or the Blockchain Wallet app at the same 1:1 exchange rate that is available from Paxos.com. This makes PAX the only stablecoin and the 5th digital asset to become available on Blockchain.
An early pioneer in the space, Blockchain was founded in 2011 and today is one of the largest wallets and most recognizable crypto platforms globally. Blockchain is also the first platform outside Paxos.com that will offer PAX purchasing directly to its users, 1:1. This partnership allows for even more people to access the benefits of PAX and use it in their daily lives.
PAX is currently used on more than 90+ exchanges, wallets, payments platforms and other venues. The demand for a regulated, stable crypto-asset has only continued to grow. The stability and efficiency of PAX offers significant utility around the world and its widespread adoption will take us closer to Paxos’ vision of a global, frictionless economy.
Blockchain will make PAX available to its wide user base just the way it’s intended: instantly and transparently, without minimums or maximums. $1 PAX equals $1 USD. Always.
We’re excited to get this partnership underway and believe even more people around the world will begin benefitting from the stability and efficiency of PAX.