Quote from: disconnectme on November 05, 2019, 09:04:05 PM

Quote from: Kinkyads on November 04, 2019, 03:10:55 AM

I am selling BTC and want to know if PAX is a good holding spot till there is a low in BTC again?

If there is one stable coin in the space that is most transparent I will go for PAX, unlike some of these coins in the space that there is no proof of fund, PAX do have it and even Binance stable coin was hosted by PAX team, you know it is not just stable coins they are into, they have other businesses that run including exchange

Yes I agree with PAX's merits as a good stablecoin but I found it quite ironic that Tether's utility had gained significant growth despite of several issues it is now currently facing.

In fact, as per Coinmarketcap data, PAX being the second most used stablecoin next to Tether has a current daily volume of only about 1.07 percent versus Tethers current daily volume - which shows a very wide gap in terms of users confidence in utilizing both stablecoins. Any ideas?