Paxos (PAX) is the latest stablecoin making connections in the crypto economy, with Binance almost immediately adding the asset to its portfolio. The exchange, which has the largest Tether (USDT) wallet and also a TrueUSD (TUSD) market, went ahead with the listing despite concerns that PAX is a centrally controlled token, which would allow law enforcement to freeze funds.
“Binance has opened deposits for Paxos Standard Token (PAX). Trading for PAX/BNB and PAX/BTC trading pairs will open at a later date and we will make a separate announcement prior to this,” the exchange said in a
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