PANews reported on November 3 that Paxos disclosed information on its official website, announcing that it expects to release the first attestation report on the launch of Singapore's compliant stablecoin USDG in cooperation with DBS Bank this month (November 2024). Paxos said that the attestation report is intended to be issued by Enrome LLP, an independent third-party accounting firm, and the review will be conducted in accordance with the standards set by the Institute of Chartered Accountants of Singapore. It is reported that Paxos said that it will release attestation reports every month in the future, aiming to build community trust through this move and ensure that financial data is fully transparent and reliable.
Paxos: Plans to release the first forensic report on stablecoin USDG this month
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