Paxos

稳定币发行公司Paxos在昨日（1日）发布公告，正式推出新型美元稳定币USDG（Global Dollar），该币种符合新加坡金融管理局（MAS）即将发布的稳定币监管框架的要求。

Stripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?

Paxos has secured MAS approval to issue stablecoins in Singapore, partnering with DBS for cash management and reserve custody, while refocusing its business strategy and reducing its workforce by 20%.

Paxos 已获得 MAS 批准在新加坡发行稳定币，与 DBS 合作进行现金管理和储备托管，同时重新调整其业务战略并将员工人数减少 20%。

Paxos, a stablecoin issuer, is laying off 20% of its workforce despite having $500 million in liabilities, and plans to focus on stablecoins and tokenizing real-world assets in the future.

稳定币发行商Paxos在负债5亿美元的情况下裁员20%，并打算在未来专注于稳定币和现实世界的资产代币化

Stablecoin issuer Paxos' subsidiary, Paxos International, announced yesterday the launch of a new stablecoin, USDL, which offers a 5% yield and is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market. The official statement indicated that USDL will be deployed on Ethereum, utilizing smart contracts to automatically distribute daily interest to eligible wallet addresses.

Paxos, expanding to Solana, faces regulatory challenges while growing partnerships and market presence.

Paxos's recent regulatory approvals in the Middle East mark a significant leap in its global expansion. The company's commitment to compliance, transparent stablecoins, and strategic partnerships position it as a key player in the evolving landscape of the digital asset market. However, discussions about regulatory balance in the blockchain space underscore the cautious approach to decentralized financial systems.

Paxos, announced today that it has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS).