2023 saw @PayPal's launch of PYUSD, a stablecoin issued by @Paxos.
But it exposed a growing problem.
Institutions want exposure to USD stablecoins, but the existing infrastructure wasn’t built for them.
Fast-forward, and once again @Paxos steps in.
This time with USDG.
🔻🧵 https://t.co/mbwt8fSm3V
