Odaily Planet Daily News According to official news, stablecoin issuer Paxos has released the second USDG attestation report, which reveals that as of November 29, 2024, Singapore time, the number of tokens held by the USDG contract on the Ethereum network has increased to 29,386,864, an increase of 18,636,724 tokens since the end of October. The fair value of the redeemed assets is at least equal to or greater than 29,467,869 USD, and the number of USDG tokens does not exceed the redemption asset balance reported below. In addition, USDG is a Singapore-compliant stablecoin launched by Paxos in collaboration with DBS Bank, with DBS Bank responsible for managing the USD reserves.