Paxos partners with DBS Bank for USDG cash management and custody
Paxos announced banking partnership for stablecoin reserves with DBS Bank on October 31, 2024.
- Primary
- Paxos
- Counterparty
- DBS Bank
- Structure
- banking partnership for stablecoin reserves
- Date
- October 31, 2024
- Sub-sector
- Treasury / Cash Management
DBS serves as primary banking partner for cash management and custody of USDG reserves, enabling regulated stablecoin infrastructure at global scale.
Source: tmcnet.com