Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
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In a Monday statement, the issuer, whose products include PayPal USD (PYUSD) as well as its own Pax Dollar (USDP), also said DBS, the states biggest bank, will be its primary banking partner for cash management and the custody of its stablecoin reserves.
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Text source: CurrencyCrypt
