Paxos to Issue USD Stablecoin in Singapore - Paxos, the entity behind the U.S. dollar-pegged stablecoin Paxos U.S. Dollar (PUSD), has established a foothold in Singapore’s digital asset market.  In a statement on Wednesday, Paxos said it had received in-principle approval from the Monetary Authority of Singapore (MAS) for its new Singapore-based entity, and plans to issue a ...