Odaily Planet Daily News: Stablecoin issuer Paxos has announced the establishment of a new startup called Paxos Labs, aimed at helping institutions directly integrate decentralized finance and on-chain products into their applications and platforms. It is reported that Paxos Labs has been incubating internally at Paxos for the past six months, and the company will help businesses connect with DeFi markets and real-world asset opportunities. The initial products of Paxos Labs include issuing custom-branded stablecoins, deploying tokenized yield strategies, and tools for managing structured digital assets. (The Block)