Iris Coleman Dec 11, 2024 17:37 Paxos partners with Standard Chartered to advance stablecoin reserve management, strengthening digital asset infrastructure and regulatory compliance across global markets. Paxos, a leading blockchain and tokenization infrastructure platform, has joined forces with Standard Chartered to enhance the reserve management of its stablecoins, Global Dollar (USDG) and Lift Dollar (USDL). This strategic partnership aims to bolster the infrastructure supporting trusted digital assets across Singapore and the United Arab Emirates, according to Paxos. Strengthening Stablecoin Infrastructure Standard Chartered will provide essential services including cash management, trading, and custody, aligning with Paxos’ commitment to maintaining robust reserve…
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