Stablecoin issuer Paxos taps Singapore’s DBS as its custodial partner

Singapore’s largest bank DBS Group will provide custodial services for Paxos as the stablecoin issuer secured full approval from the Monetary Authority of Singapore. DBS Group, the largest bank in Southeast Asia by assets, is venturing into the crypto sector…

Stablecoin issuer Paxos taps Singapore’s DBS as its custodial partner
Singapore’s largest bank DBS Group will provide custodial services for Paxos as the stablecoin issuer secured full approval from the Monetary Authority of Singapore. DBS Group, the largest bank in Southeast Asia by assets, is venturing into the crypto sector…