Paxos Launches USDGL, Singapore-Regulated Yield-Bearing Stablecoin

According to Paxos, the company launched USDGL yesterday (July 8), a regulated yield-bearing stablecoin designed for the Singapore market. The product combines yield generation with a structured regulatory framework under Singapore's digital asset oversight, positioning it as a differentiated offering in the competitive yield-bearing stablecoin space.
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