Quick TakePaxos launched the Paxos Standard (PAX) stablecoin in 2018PAX has become a fast follower to the market leader of 2018 stablecoin cohort, USDCOne interesting strategy Paxos has deployed is white-labeling its stablecoin solutions to launch stablecoins with exchanges like Binance and HuobiThese partnerships have significantly boosted trading volumes and issuance in Paxos’ stablecoin ecosystem.