Stablecoin issuer Paxos plans to expand its workforce in Singapore by at least 130 employees

ChainCatcher news, according to Bloomberg, the issuer of the USDP stablecoin, Paxos, announced that it will hire at least 130 employees in Singapore. Currently, the company has 20 employees in Singapore and a total of 350 employees worldwide.

It is reported that Paxos recently announced it has obtained regulatory approval in Singapore to offer cryptocurrency products and services. (Bloomberg)