Comparison between XDC Network and Pax Dollar
XDC Network (XDC)
- Symbol: XDC
- Name: XDC Network
- Asset Platform: Ethereum
- Categories: @XDC Ecosystem, Ethereum Ecosystem, Smart Contract Platform, Finance / Banking
- Market Cap Rank: 49
- Price Change Percentage in the Last 30 Days: 49 day
XDC Network is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XDC Network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2 seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intention to create a 'highly-scalable, secure, permission, and commercial grade' blockchain network. XinFin mainnet token XDC also creates an opportunity to utilize XinFin's real-world use-cases such as TradeFinex.org, which helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard.
Pax Dollar (USDP)
- Symbol: USDP
- Name: Pax Dollar
- Asset Platform: Ethereum
- Categories: @Ethereum Ecosystem, USD Stablecoin, Stablecoins
- Market Cap Rank: 73
- Price Change Percentage in the Last 30 Days: 0.1456 day
Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos is a regulated Trust company with blockchain expertise that offers regulated services in the crypto-asset and virtual commodities space. Pax Dollar is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. It aims to provide a modern settlement solution that eliminates risk and simplifies settlements. Paxos has gained wide adoption and support from exchanges such as Binance, OKEx, Gate.io, ZB, KuCoin, and DigiFinex. Unlike controversial stablecoin Tether, Paxos has transparent leadership with CEO and co-founder Charles Cascarilla, who has extensive experience in financial services.