🚀 Paxos Launches New Stablecoin, Global Dollar (USDG)! 🚀

Digital assets company Paxos has unveiled its latest stablecoin, Global Dollar (USDG), designed to comply with the upcoming regulatory framework by the Monetary Authority of Singapore (MAS).

🔹 USDG is pegged 1:1 to the U.S. dollar.

🔹 Reserves held in high-quality liquid assets managed by DBS Bank.

🔹 Initially available on Ethereum, with plans to expand to other blockchains.

Paxos aims to drive global enterprise adoption with USDG, backed by strong regulatory standards and partnerships.

What do you think about this new stablecoin? Share your thoughts in the comments! 💬