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Asian Financial Hubs Compete for Stablecoin Market; PayPal Launches USD Stablecoin
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Singapore Competes with Asian Financial ...
Stablecoin Market Competition
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Singapore and other Asian financial hubs are competing for a slice of the $127 billion stablecoin market. PayPal has launched its USD stablecoin, PYUSD, on Venmo, while Congresswoman Maxine Waters expresses deep concern about PayPal's launch.
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How can the US address the clampdown by regulators and make progress towards crypto legislation?
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