Ontology Will Launch Regulated USD Stablecoin PAX

Ontology announced Friday, that the launch will purportedly aid individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens. Launched last September, Paxos Standard (PAX) is a regulated U.S. dollar-backed stablecoin. Until now, it was only available on the ethereum blockchain as an ERC-20 token, but now there will be a second option.

Image Source – Ontology Medium

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