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flag Paxos and DBS Bank launch USDG, a USD-backed stablecoin compliant with Singapore's regulations.

flag Paxos has introduced a new USD-backed stablecoin called USDG in partnership with DBS Bank in Singapore. flag This stablecoin is designed to comply with local regulatory standards, aiming to enhance digital currency offerings in the region. flag The launch reflects a growing trend of collaboration between financial institutions and blockchain technology to create secure and compliant digital assets.

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