Paxos plans to release the first verification report of Singapore's compliance stablecoin USDG in partnership with DBS this month
2024-11-03 09:15:04
According to official news, Paxos announced that it is expected to release the first attestation report on the launch of the Singapore stablecoin USDG in cooperation with DBS Bank this month (November 2024). Paxos said that the attestation report will be issued by the independent third-party accounting firm Enrome LLP, and this review will be carried out in accordance with the standards set by the Institute of Chartered Accountants in Singapore. It is reported that Paxos said that it will issue monthly attestation reports in the future, aiming to build community trust and ensure complete transparency and reliability of financial data.
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