Masoud Naji | Senior Frontend Engineer, React & AEM

usdg

Compare Coins Fun Facts

- Google Trend Chart

community score

developer score

liquidity score

genesis date

hashing algorithm

block time in minutes

categories - 10

Stablecoins
USD Stablecoin
Solana Ecosystem
Ethereum Ecosystem
Mantle Ecosystem
X Layer Ecosystem
Fiat-backed Stablecoin
Ink Ecosystem
Paxos Ecosystem
Robinhood Ecosystem

official forum

https://www.linkedin.com/company/globaldollar

twitter

global_dollar

public interest stats

sentiment votes down

sentiment votes up

100%

More info global-dollar

Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos on a one-to-one basis for US dollars. Global Dollar (USDG) is issued by Paxos Digital Singapore (PDS), which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is issued in the EU by Paxos Issuance Europe Oy (PIE), an Electronic Money Institution regulated by the Finnish Financial Supervisory Authority (FIN-FSA). USDG is fully compliant with the EU’s Markets in Crypto Assets Regulation (MiCA). USDG combines the stability and reach of US dollars with the added security and efficiency of blockchain technology. USDG is always available and accessible, offering high transfer speeds and programmability. USDG is always available for 1:1 redemption for US dollars, 24/7. USDG's issuance will adhere to strict regulatory standards, including requirements for value stability, capital adequacy, redemption and par and comprehensive disclosure. Specific regulatory obligations include substantial capital reserve requirements, frequent regulatory examinations, monthly independent attestations of reserve assets, monitoring of operating procedures and annual audits of reserve assets. It also provides protection from bankruptcy by holding stablecoin reserve assets in segregated accounts held on trust by PDS for the benefit of USDG holders. USDG represents the pinnacle of regulated stablecoins, offering unparalleled stability, security and compliance in the rapidly evolving world of digital finance.