![]() ![]() We are also investing in new tools to help people understand and explore cryptocurrencies. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. By creating a compliance-focused standard (ST-20) to issue and manage security tokens, Polymath seeks to tokenize and support the trading of traditional and new classes of assets. Polymath Network (POLY) is an Ethereum protocol that aims to create, issue, and manage digital securities on the blockchain. PAX is issued as an Ethereum token and one PAX token represents one US dollar. Paxos Standard (PAX) is a stablecoin fully backed by the US dollar and developed by the Paxos Trust Company. Trading for these assets is also supported on Coinbase Pro. ![]() Coinbase customers can now trade, send, receive, or store PAX and POLY in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Starting today, Paxos Standard (PAX) and Polymatch Network (POLY) are available on and in the Coinbase Android and iOS apps. ![]()
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May 2023
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