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#CelebratingNewYearOnGateSquare ⚡️ Paxos Urges Banks to Adopt Stablecoins
Paxos states that new regulations in the US, EU, and Singapore present significant opportunities for banks in the stablecoin market.
✅ The company emphasizes that the largest issuers, including Tether and Circle, manage over $100 billion, with annual transaction volumes reaching trillions of dollars.
Paxos believes that clear regulation reduces risks and enables banks to profit from issuing, storing, and settling stablecoins.