The difference is that regular paper requires developing; POP does not. It is exposed to strong light in contact with the negative until the shadow areas (light areas on the neg) turn dark. It is then washed of excess silver nitrate.
At this stage the image is a rather peculiar plummy puplish-brown, which is how the entire picture will look after a few days unless it is fixed and/or toned. In the fix it turns more yellowish brown. Toning can be done either before or after the fixing - when POP was common, there were special "toning fixers" to be had.
Gold toning normally gives a colder image, in the case of this specific combination fixing first gives greater effect than toning before the fixer.
I have a POP print in my "collection" which is well over 100 years old and still fine. When I tried htis new paper, I recognized the tone of the prints from my wife's grandparents' wedding photos - they are quite likely to be POP as well, and they've been hanging on the wall in good light since 1929...
A toned POP print will not fade any faster htan a "regular" print. Untoned and unfixed prints won't fade eihter, they'll just go black...