CryptoNeutralcrypto.news · 3h ago6/10
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Anchorage steps back from USDG as stablecoin alliances decentralize
Anchorage Digital has stepped back from its involvement with USDG, a stablecoin issued by Paxos Singapore and regulated by the Monetary Authority of Singapore. The move reflects a broader industry shift toward decentralized, multi-issuer stablecoin ecosystems rather than single-provider solutions, as regulators, banks, and venture capitalists promote fragmented dollar alternatives.
