Paxos Approved to Issue PYUSD on the Stellar Network
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According to official sources reported by Jinse Finance, the New York State Department of Financial Services (NYDFS) has issued a no-objection letter to Paxos, approving the issuance of the PYUSD stablecoin on the Stellar network. PYUSD is expected to officially launch on the Stellar network in 2025.
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