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Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

November 19, 2023

Paxos' executives hope the offering will help the company court new customers at a time when demand for stablecoins is high. According to brokerage firm Bernstein, the stablecoin market is expected to grow from $125 billion to $2.8 trillion in the next five years.

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The source of this news is from Paxos

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