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Home Cryptocurrencies Tether USDt (USDT) vs Pax Dollar (USDP)

Compare Tether USDt (USDT) vs Pax Dollar (USDP)

Tether USDt (USDT)

vs

Pax Dollar (USDP)

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Tether USDt (USDT) Pax Dollar (USDP)
USDT which is also known as Tether is the first and most used stable coin in the crypto world. USDT price is always equal to 1 USD. USDT is used as a medium currency because the other cryptocurrency prices fluctuate sharply. Tether was mainly built on Ethereum and Bitcoin blockchains and later launched on other major blockchains too. The company claims to hold enough reserves for each USDT they issued.
Pax Dollar (USDP) is a stablecoin that is pegged to the value of the US dollar on a 1:1 basis. It was launched by Paxos Trust Company in 2018 and is regulated by the New York State Department of Financial Services (NYDFS). USDP is backed by US dollars held in reserve, which are regularly audited by third-party accounting firms to ensure that the reserves match the outstanding USDP tokens in circulation. One of the unique features of USDP is its focus on transparency and regulatory compliance. Paxos Trust Company is a regulated financial institution and is subject to regular audits and oversight by regulatory authorities. This provides investors and users with greater confidence in the stability and security of the USDP token. USDP can be used for a wide range of applications, including payments, remittances, and international money transfers. It can also be used as a trading pair on cryptocurrency exchanges and as a means of payment for goods and services. USDP is particularly popular among users who wish to trade cryptocurrencies without having to deal with the volatility of other digital assets. Overall, USDP is a stable and secure digital asset that is designed to provide a reliable means of payment and store of value. Its focus on transparency, regulatory compliance, and stability sets it apart from many other stablecoins in the market, and it has gained significant adoption among investors and traders in the cryptocurrency space. As of April 2023, the price of USDP is approximately 1 USD, as it is intended to maintain a stable value relative to the US dollar.

Key Data

Tether USDt (USDT) Pax Dollar (USDP)
Coin Name
Tether USDt
Coin Name
Pax Dollar
Symbol
USDT
Symbol
USDP
Type
Token
Type
Token
CoinMarketCapRank
No 3
CoinMarketCapRank
No 335
Network
None
Network
None
Stable Coin
tick Yes
Stable Coin
tick Yes
Max Supply
-
Max Supply
-
Circulating Supply
85,392,000,000
Circulating Supply
461,760,000
Total Supply
85,392,000,000
Total Supply
461,760,000
Buy Tether USDt
Buy Pax Dollar

Price

Tether USDt (USDT) Pax Dollar (USDP)
Calculate USDT in USDP Calculate USDP in USDT
24 Hour Volume USD
-
24 Hour Volume USD
-
24 Hour Volume USD
-
24 Hour Volume USD
-
24 Hour Price Change
arrow down 0.14299999999999998823%
24 Hour Price Change
arrow down 0.11400000000000000411%
7 Day Price Change
arrow down 0.12900000000000000355%
7 Day Price Change
arrow down 0.16500000000000000777%
30 Day Price Change
arrow down 0.153999999999999998%
30 Day Price Change
arrow down 0.0488000000000000031%
Market Cap USD
103,900,000,000 USD
Market Cap USD
179,350,000 USD
Market Cap USD
103,900,000,000 USD
Market Cap USD
179,350,000 USD
Buy Tether USDt
Buy Pax Dollar

Staking Rates

Tether USDt (USDT) Pax Dollar (USDP)
YouHodler
8% APY
YouHodler
8% APY
Crypto.com
0.1% - 3% APY
Compound
3.69% APY
Compound
0.45% APY
Hodlnaut
-
Venus
29% APY
Venus
-
Across
-
ACryptoS
-
Ape Swap
-
Autofarm
-
Badger DAO
-
Balancer
-
Bancor
-
Beefy Finance
0.16% - 25.2% APY
Beefy Finance
-
BenQi Lending
3.43% APY
BenQi Lending
-
dForce
-
Francium
-
Harvest Finance
1.85% - 73.8% APY
Harvest Finance
-
JustLend
0.43% APY
JustLend
-
MDEX
-
Meshswap
-
O3 Swap
-
Pickle
-
Platypus Finance
3.8% APY
Platypus Finance
-
Stake DAO
8.73% APY
Sushi Swap
-
Trader Joe
-
Uniswap
-
Vector Finance
0.05% APY
Vector Finance
-
Yield Yak
3.13% APY
Yield Yak
-
KyberSwap
-
QuickSwap
-
Raydium
-
Convex Finance
0.13% - 7.16% APY
Convex Finance
0.61% - 7.86% APY
Reaper Farm
12.9% APY
Reaper Farm
-
Aura
-
DeFiChain
-
Goose Finance
5.78% APY
Goose Finance
-
Kill Switch
-
Loopring
-
MM Finance Polygon
0.36% APY
MM Finance Polygon
-
Osmosis
-
Spookyswap
28% APY
Spookyswap
-
Thorchain
139% APY
Thorchain
-
Trisolaris
3.8% APY
Trisolaris
-
VVS Finance
-
Yearn Finance
0.17% - 10.4% APY
Yearn Finance
9.69% APY
Granary Finance
2.61% APY
Granary Finance
-
XY Finance
-
Baby Doge Swap
4.4% - 635% APY
Baby Doge Swap
-
Allbridge
0.09% APY
Allbridge
-
Bella Protocol
10.5% APY
Bella Protocol
-
Flux Finance
4.45% APY
Flux Finance
-
Earn up to 2,257% APY on Tether USDt at Sushi Swap
Earn up to 14% APY on Pax Dollar at Nexo

Loan Rates

Tether USDt (USDT) Pax Dollar (USDP)
Nexo
-
Crypto.com
8% - 12% APR
Crypto.com
8% - 12% APR
Binance
-
Borrow Tether USDt for only 6.9% APR at Nexo
Borrow Pax Dollar for only 8% APR at Crypto.com

Staking Rates

Tether USDt (USDT) Pax Dollar (USDP)
YouHodler
8% APY
YouHodler
8% APY
Crypto.com
0.1% - 3% APY
Compound
3.69% APY
Compound
0.45% APY
Stake DAO
8.73% APY
Convex Finance
0.13% - 7.16% APY
Convex Finance
0.61% - 7.86% APY
Yearn Finance
0.17% - 10.4% APY
Yearn Finance
9.69% APY
Earn up to 2,257% APY on Tether USDt at Sushi Swap
Earn up to 14% APY on Pax Dollar at Nexo

Loan Rates

Tether USDt (USDT) Pax Dollar (USDP)
Crypto.com
8% - 12% APR
Crypto.com
8% - 12% APR
Borrow Tether USDt for only 6.9% APR at Nexo
Borrow Pax Dollar for only 8% APR at Crypto.com

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