Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
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n nn nn Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 11 to the U.S. dollar.New York Department of Financial Services NYDFS gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar GUSD. It also gave a nod to Paxos Trust, the company behind the over-the-counter OTC exchange itBit, to issue Paxos Standard PAX. Both coins launche
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