SINGAPORE – September 19, 2023 – MetaComp Pte. Ltd., a Major Payment Institution licensed by the Monetary Authority of Singapore, is excited to announce a significant development in its commitment to fostering the global adoption of stablecoins. On September 19th, MetaComp will officially list PayPal USD on its exchange.
As a licensed financial institution operating in Singapore, MetaComp has consistently demonstrated its dedication to innovation and regulatory compliance. This listing reaffirms our commitment to providing our users with secure and accessible digital financial services while adhering to the highest standards of transparency and regulatory oversight.
Stablecoins have emerged as a crucial component of the digital economy, offering a reliable bridge between traditional financial systems and the world of cryptocurrencies. MetaComp is a strong believer in the potential of stablecoins to revolutionize the real-
world economy by providing users with a stable and secure medium of exchange, unit of account, and store of value.
The introduction of PYUSD on MetaComp’s exchange represents a significant step forward in the journey towards the global adoption of stablecoins. PYUSD, backed by PayPal’s reputation for trust and security, provides users with a stable and convenient digital currency option, bridging the gap between traditional financial systems and the emerging blockchain ecosystem.
MetaComp’s users will benefit from the addition of PYUSD, as it enhances the liquidity and utility of our platform, allowing for more efficient trading and investment opportunities. The trading pair will empower users to seamlessly exchange between PYUSD and USD, further promoting the use of stablecoins for everyday transactions and financial activities.
“We are thrilled to list PYUSD as a trading pair on our exchange,” said Mr. Bo Bai, CEO and co-founder at MetaComp. “This integration aligns perfectly with our vision of fostering the widespread adoption of stablecoins, and we believe it will offer our users a valuable tool for managing their digital assets in a stable and secure manner.”
MetaComp remains committed to providing a safe and compliant trading environment for cryptocurrencies and digital assets. We look forward to welcoming users to experience the benefits of trading PYUSD on our platform starting September 19th. For more information about MetaComp and its services, please visit https://www.mce.sg.