Odaily Planet Daily News 🌟 Standard Chartered Bank recently announced that it will provide cash management, trading, and custody services for Paxos stablecoins issued outside the United States. This move marks a further integration of traditional financial institutions with the world of cryptocurrency. Paxos's Lift Dollar (USDL) issued in Abu Dhabi has a market value of $54 million, while the Global Dollar (USDG) issued in Singapore has a market value of $29 million. It is worth noting that while Paxos has also issued onshore stablecoins like Paypal USD (PYUSD), these are not within the scope of services offered by Standard Chartered Bank. Bitcoin continues to maintain an optimistic outlook in the market, attracting the attention of investors. 🔍