Data as of Sep 14, 2026 · Based on 3,293,187 AI responses across 10,525 prompts · See how Parse measures this
USDP (Pax Dollar) is a 1:1 fully backed, legally protected stablecoin issued by Paxos and available on Ethereum and Solana. Customer funds are held in segregated, bankruptcy-remote accounts with OCC oversight, ensuring 1:1 redemption even if Paxos were to become insolvent. Paxos publishes monthly attestation reports and positions USDP as a regulated, trusted on-chain asset for on-chain payments and asset custody.
The market map · 5 of 25 labelled
Audited Fiat-Backed Stablecoins →70%positive
Where Pax Dollar (USDP) ranks in AI
excellenttransparentregulatedstrongvery strongfully auditedmonthly reserve reportsgood option
Excerpts where Pax Dollar (USDP) appeared in the AI's answer

Pax Dollar (USDP) and PayPal USD (PYUSD) : Both issued under the oversight of the Paxos Trust Company

Pax Dollar (USDP): Issued by Paxos , this token is strictly regulated by the New York Department of Financial Services (NYDFS), offering high trust in its 1:1, full-dollar-reserve backing.