The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.
![](https://wecoachcrypto.com/wp-content/uploads/2023/11/066ebb27-01d3-40b8-87c9-35fed272f583-D9C4rP.jpeg)
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.