What can Paxos Standard be used for?

The crypto-asset space is early in maturation, and initial use cases for PAX will be distinct from future use cases.

Today, Paxos Standard can be used to limit exposure to crypto-asset volatility, to remove cross-border transaction fees and to move between crypto-assets with ease or as payment for other blockchain-based assets.

In the future, Paxos Standard can be used for consumer payments, offering a stable store of value for those outside the United States that face currencies with unpredictable volatility.