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[USDP]
Pax Dollar
Decentralization
0.10/1
High Risk
[S]
[M]
[I]
[D]
[G]
[E]
0.84
0.84
0.00
0.10
1.00
0.00
[USDP]
Pax Dollar
Decentralization
0.10/1
High Risk
Regulatory Oversight
0 / 1
Custodian Risk
0.5 / 1
Type of Collateral
0 / 1
Decision Making & Voting Power
0 / 1
User Blacklisting
0 / 1
4.1Regulatory Oversight
N/A

Regulatory oversight increases the risk of censoring endpoints of the stablecoin's network (such as the issuer, banks and custodians) as well as users. A score of 0 indicates a high degree of government censorship risk.

USDP’s issuer, Paxos, is regulated by the NYDFS as a stablecoin issuer. Further, all custodians who hold assets on behalf of Paxos’s customers are regulated financial institutions pre-vetted by the NYDFS.

Note: Censorship resistance is not a key objective common to all stablecoins. Consequently, a low score may not be a relevant source of concern to most stablecoin users. Furthermore, regulatory oversight can also be beneficial to some users as it entails more robust consumer protection mechanisms and increased transparency.