Singapore Moving Ahead with Paxos

Paxos recently received approval to offer digital payment services from Singapore.  Paxos is a private company that offers Blockchain infrastructure to enterprises.  They were the ones responsible for issueing the PayPal stablecoin.  Paxos also issues Pax Gold, a digital token backed by physical gold.  They believe it’s the safest way to own investment-grade physical gold.  Paxos also have a U.S. Dollar stable coin called USDP, available on Ethereum and Solana.  Paxos is one of those companies doing big things to advance the cryptocurrency space.