Built on the principles of stability and security, Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. Operating as a trusted, secure, and global stablecoin, USDG enables fast, programmable, blockchain-based payments and global liquidity. With its 1:1 backing by Paxos, a regulated and experienced stablecoin issuer, USDG provides unparalleled price stability and steady valuation.
The technology behind USDG is built on the Solana and Ethereum blockchains, among others, ensuring high-speed transactions that settle in minutes, compared to traditional financial infrastructure which can take days. Programmable and interoperable, USDG operates according to smart contract rules, including the ERC-20 protocol, allowing developers to create new use-cases, products, and services. With its stable peg to the US dollar, USDG is always eligible for redemption on a 1:1 basis for US dollars from Paxos.
As a key component of the Global Dollar Network, USDG offers numerous benefits to users, including fast and secure transactions, programmable smart contracts, and global liquidity. The network's partners earn rewards for holding and growing adoption of USDG, creating a self-sustaining ecosystem that drives growth and adoption. With its robust technology and secure backing, USDG is poised to become the future of money, providing a trusted and reliable store of value in the digital age.
Paxos Digital Singapore Pte. Ltd., the issuer of USDG, is a Major Payments Institution supervised by the Monetary Authority of Singapore. With over $180B in tokenization activity since 2018 and operating under top regulatory regimes for a decade, Paxos has established itself as a trusted and experienced stablecoin issuer. The company's commitment to transparency and security is reflected in its monthly reserve reports and blockchain availability, ensuring that USDG remains a reliable and trustworthy stablecoin.
As the Global Dollar Network continues to grow and expand, USDG is poised to become an increasingly important component of the digital economy. With its robust technology, secure backing, and growing adoption, USDG is well-positioned to become the go-to stablecoin for fast, programmable, and secure transactions.
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