In a Monday statement, the issuer, whose products include PayPal USD (PYUSD) as well as its own Pax Dollar (USDP), also said DBS, the state’s biggest bank, will be its primary banking partner for cash management and the custody of its stablecoin reserves.
sekar nallalu Cryptocurrency,DBS,News,Paxos,Policy,Regulations,Singapore,stablecoins Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody