---
title: "Paxos launches USD-backed USDG stablecoin with DBS Bank"
url: https://diffcoin.com/paxos-launches-usd-backed-usdg-stablecoin-with-dbs-bank/
description: "Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework. Source link"
published: 2024-11-01
updated: 2024-11-01
author: "Mila"
site: "Diffcoin"
---

# Paxos launches USD-backed USDG stablecoin with DBS Bank

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

[Source link](https://cointelegraph.com/news/paxos-global-dollar-usdg-singapore-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)