Paxos Standard,"Paxos Standard token (PAX) is a fully-regulated and audited stablecoin. Tokens are built using the ERC20 standard, and will be issued 1:1 in exchange for $1 USD. This will be the only crypto asset that is an exact representation of US dollars - providing all users with the confidence of physical dollars matched with the speed and flexibility of a digital asset. Paxos Standard tokens will be fully redeemable to USD through the Paxos platform. HUSD,HUSD is a U.S. dollar-backed stablecoin issued by Stable Universal. The dollars backing HUSD will be held in reserve by Paxos Trust Company, a fiduciary and qualified custodian regulated by the New York State Department of Financial Services (NYDFS). On a monthly basis, a top U.S. auditing firm will perform an attestation to ensure USD reserves match the supply of HUSD.
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