Is Pax Dollar (USDP) halal or haram?
Not screened yet
We have not run our Shariah screening on Pax Dollar yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet.
The basics
- Where it lives
- token on ethereum (also on solana)
- Circulating supply
- 28,084,308 USDP
- Total supply
- 28,084,308 USDP
- Category
- Stablecoins, USD Stablecoin, Solana Ecosystem
Who controls the coins
Read from the token's verified contract on Ethereum (0x8e870d67f660d95d5be530380d0ec0bd388289e1) on 2026-09-23: it has increaseSupply (held by an account we could not identify), mint (held by an account we could not identify), wipeFrozenAddress (held by an account we could not identify), pause (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power. The same coin is deployed on other chains: on Solana (HVbpJAQGNpkgBaYBZQBR1t7yFdvaYVp2vCQQfKKEN4tM), this token has a permanent delegate, which can move or burn tokens out of any holder’s account. Whether those are the project's own copies or an unrelated bridge's is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.