I heard Paxos, a digital company in Singapore, might issue a new US dollar-pegged stablecoin. I'm wondering if there's any truth to this rumor and whether it's a good investment opportunity.
7
answers
lucas_emma_entrepreneur
Sun Mar 02 2025
Paxos Digital Singapore is set to launch a novel US dollar stablecoin.
Riccardo
Sat Mar 01 2025
The issuance of the new US dollar stablecoin is expected to enhance the liquidity and stability of digital assets in the Singapore market.
WhisperInfinity
Sat Mar 01 2025
This stablecoin has been recognized by the Monetary Authority of Singapore (MAS) as substantially compliant.
Riccardo
Sat Mar 01 2025
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.
SolitudeSerenade
Sat Mar 01 2025
The acknowledgment comes ahead of the enforcement of MAS' proposed stablecoin regulatory framework.