Global Dollar (USDG) Price
Global Dollar
USDG
$1.0002
$0.0004 (0.04%)
LIVE
Volume (24H)
$13.89K
Circulating Supply
1.269B
Market Cap
$1.269B
About Global Dollar (USDG)
USDG operates on Ethereum and Solana and serves as the cornerstone of the Global Dollar Network (GDN), a consortium of exchanges and fintechs promoting low-cost digital dollar settlement. USDG’s supply is demand-based, minted and burned as users deposit or redeem U.S. dollars.
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About Global Dollar (USDG)
USDG operates on Ethereum and Solana and serves as the cornerstone of the Global Dollar Network (GDN), a consortium of exchanges and fintechs promoting low-cost digital dollar settlement. USDG’s supply is demand-based, minted and burned as users deposit or redeem U.S. dollars.
Global Dollar Cryptopedia articles
Frequently asked questions
What is Global Dollar?
Global Dollar (USDG) is a U.S. dollar–backed stablecoin issued by Paxos Digital Singapore under the supervision of the Monetary Authority of Singapore (MAS). Each USDG is redeemable 1:1 for U.S. dollars held in segregated cash and treasury accounts and attested monthly by Withum Smith + Brown.
How is USDG backed?
USDG reserves are held in cash and U.S. Treasury bills, segregated and attested monthly.
Who issues USDG?
Paxos Digital Singapore, a licensed Major Payments Institution under MAS.
What blockchains support USDG?
USDG operates on Ethereum and Solana.