Paxos Standard (PAX) is a stablecoin, which means that its price is tied to the price of USD: 1 USD-D = 1 USD in value, and this value ratio never changes. Despite this, it is an ERC20 token, and not a fiat currency issued by a government. For this reason, there is no way to transfer Paxos Standard directly to a bank account.
Have more questions? Submit a request