Stable Coin review — Paxos Standard (PAX)

HOW STABLE COINS WORK?

As part of Tesla CryptoCaps’ series HOW STABLE COINS WORK , we are performing stablecoin reviews of chosen six most notable and active stablecoins to day.

This is all part of our stablecoin initiative, done in the effort to further raise awareness on stablecoins in general, and help people understand how they work and what is their overall potential.

Our fourth review was performed on the stablecoin Paxos Standard(#PAX).

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Dear readers, this is the fourth of the active stablecoin reviews that we are performing. Hope you will find it useful. Clap if you like it! Also, comment if there is anything we forgot to mention in these reviews. We would love to hear your opinion.