Paxos launches Global Dollar (USDG) stablecoin

Paxos launched stablecoin product launch on October 31, 2024.

Primary

Paxos

Structure

stablecoin product launch

Date

October 31, 2024

Sub-sector

Crypto / Stablecoin

US dollar-backed stablecoin compliant with Singapore MAS framework to accelerate global stablecoin adoption for regulated institutions.

Primary company

Paxos

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 31, 2024

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

stablecoin product launch

Source published

October 31, 2024

Publisher

PR Newswire

Source: prnewswire.com