The locally licensed crypto platform Philippine Digital Asset Exchange (PDAX) recently announced the listing of $USDG, a U.S. dollar-backed stablecoin by blockchain firm Paxos. The listing adds to the more than 50 tokens currently available on the platform. What is $USDG? $USDG is issued by Paxos Digital Singapore Pte. Ltd., designed to maintain a 1:1 peg to the U.S. dollar …
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