Pax Dollar (USDP) is a stablecoin that is pegged to the US dollar, providing stability and predictability for users within the cryptocurrency market. It operates within both the Solana and Ethereum ecosystems, making it accessible to a wide range of users. USDP is backed by fiat currency, offering a secure and transparent alternative to traditional cryptocurrencies. It is included in the Multicoin Capital Portfolio, further enhancing its credibility and reliability in the market.