Per time of writing, the 19th largest coin out of thousands by market capitalization is counting and welcoming a double digit gain of 10.00 percent against the US Dollar. According to Coinmarketcap - the pair ONT/USD is changing hands at $1.15 with a transaction volume of $108 mil.

With the target of issuing approximately 100 million of PAX tokens on standing of 1:1 with the USD, the team behind Paxos has signed a partnership with Ontology to make it happen starting from May. Andy Ji – co-founder of Ontology commented on the case saying that while PAXOS will continue to initiate KYC processes, it will author.

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