FinanceMagnates
Paxos has expanded its stablecoin offerings with the launch of Global Dollar (USDG), a US dollar-backed stablecoin that aligns with Singapore’s upcoming stablecoin regulations. The company claims that this stablecoin is “designed to support the needs of regulated institutions.”A Regulatory-Compliant StablecoinAnnounced today (Friday), Paxos’ Singapore-based subsidiary…
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Paxos Ups Its Stablecoin Bet: Launches MAS-Compliant USDG
Arnab Shome
01:21
Paxos has expanded its stablecoin offerings with the launch of Global Dollar (USDG), a US dollar-backed stablecoin that aligns with Singapore’s upcoming stablecoin regulations. The company claims that this stablecoin is “designed to support the needs of regulated institutions.”A Regulatory-Compliant StablecoinAnnounced today (Friday), Paxos’ Singapore-based subsidiary…
