Convert Pax Dollar to Chainlink Price Calculator & usdp vs. link Comparison

With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between Pax Dollar and Chainlink can be challenging. Our dedicated Pax Dollar to Chainlink price converter & calculator makes this task seamless and straightforward. Whether you're an investor, trader, or crypto enthusiast, leverage our tool to get the latest conversion rates of usdp vs. link. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips

1 Pax Dollar (usdp) == 0.060657584951456 Chainlink (link).
Rate : 0.060657584951456

Pax Dollar (usdp) Price: 0.999637$
Chainlink (link) Price: 16.48$



How much is 1 Pax Dollar in Chainlink

1 Pax Dollar is 0.060657584951456 Chainlink.



Comparison and Review: Pax Dollar (USDP) vs Chainlink (LINK)

Pax Dollar (USDP)

Pax Dollar (USDP) is a stablecoin created by Paxos, a financial technology company focused on modernizing finance through blockchain technology. As a chartered limited purpose trust company, Paxos offers regulated services in the crypto-asset and virtual commodities space. It has gained wide adoption in a short period, with support from exchanges such as Binance, OKEx, Gate.io, ZB, KuCoin, and DigiFinex. Pax Dollar is backed by the U.S. dollar, with full proof of reserves, making it a secure digital asset issued by a financial institution.

Chainlink (LINK)

Chainlink is a decentralized oracle network framework built on Ethereum. It facilitates the integration of off-chain data and services into smart contracts, enabling the creation of hybrid smart contracts. Chainlink's Decentralized Oracle Networks (DONs) ensure the reliability and tamper-proof nature of external data and off-chain computations used in on-chain smart contracts. It supports various functionalities such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and API connectivity.

Comparison

Asset Platform

Both Pax Dollar (USDP) and Chainlink (LINK) are built on Ethereum, leveraging the network's infrastructure and capabilities.

Categories

Pax Dollar (USDP) falls under the categories of Stablecoins, USD Stablecoin, and Ethereum Ecosystem. Chainlink (LINK), on the other hand, belongs to multiple categories, including Business Services, Infrastructure, Smart Contract Platform, Decentralized Finance (DeFi), Oracle, and more. Chainlink has widespread adoption across various ecosystems such as Polkadot, BNB Chain, Solana, Polygon, Gnosis Chain, and many more.

Market Cap Rank

In terms of market capitalization, Chainlink (LINK) holds a higher rank of 23, indicating its popularity and acceptance in the market. Pax Dollar (USDP) ranks lower at 72.

Price Change

In the past 30 days, Pax Dollar (USDP) has experienced a price change percentage of 72%, while Chainlink (LINK) has seen a -12.40% price change. It's important to note that cryptocurrency prices are subject to volatility and can fluctuate rapidly.

Conclusion

Both Pax Dollar (USDP) and Chainlink (LINK) offer unique features and serve different purposes in the blockchain ecosystem. Pax Dollar provides a stable and regulated USD-backed digital asset, while Chainlink enables the secure integration of off-chain data into smart contracts. Investors and users should consider their specific needs, risk tolerance, and market trends when evaluating these tokens for potential investment or use.