Paxos Unveils New USDG Stablecoin in Singapore with DBS Bank
Paxos launched the USD-backed stablecoin USDG in Singapore, partnering with DBS Bank for reserve management and custody. USDG is initially on Ethereum, with future plans for expansion, aiming to boost stablecoin adoption globally under regulatory compliance. Paxos, a regulated blockchain infrastructure firm, has made major progress in the digital finance sector by introducing a new…