Source: Coindesk.com
The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin framework. Income derived from USDG’s reserves will be shared among the initial Global Dollar Network partners, which are Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood.
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The post "New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies" appeared first here Coindesk.com.
Source: Coindesk.com
