Global Dollar USDG Price
Introduction
Global Dollar (USDG) is a regulated, MAS-compliant stablecoin issued by Paxos, backed 1:1 with US dollar reserves. More
Token Stats
| Fully Diluted Valuation | $1.01B |
|---|---|
| 24H Trading Volume | $38.47M |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 1.01B |
| Total Supply | 1.01B |
| Max Supply | ∞ |
Info
| Categories | Stablecoins 4 more |
|---|---|
| Founder | Paxos |
| Website | globaldollar.com Whitepaper |
| Socials | |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Ethplorer 3 more |
| Contracts |
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2 more
|
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| Name | Pair | OG Score |
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About Global Dollar $usdg
Global Dollar (USDG) is a new stablecoin designed to provide the reliability of US dollars with the efficiency and security of blockchain technology. USDG is fully backed by US dollar reserves, meaning each token can be redeemed 1:1 for US dollars, offering a high level of trust and stability to users worldwide.
Issued by Paxos Digital Singapore (PDS)
The stablecoin is issued by Paxos Digital Singapore Pte. Ltd. (PDS), which has received full approval from the Monetary Authority of Singapore (MAS) as a Major Payments Institution. This means USDG complies with MAS's forthcoming stablecoin framework, placing it at the forefront of regulatory compliance for digital assets.
Adhering to Stringent Standards
USDG is structured to meet rigorous regulatory standards, including stability, capital adequacy, and redemption requirements. It is subject to monthly independent audits, regular regulatory examinations, and operational monitoring. This transparency ensures USDG maintains parity with the US dollar and operates in a secure, accountable environment.
How Does USDG Maintain Stability?
To ensure stability, Paxos holds USDG reserves in high-quality liquid assets, like US dollar deposits and short-term US government securities. The assets are kept in segregated trust accounts, protecting USDG holders from potential bankruptcy risks and offering security unmatched by most digital currencies.
Building Trust in Digital Finance
Global Dollar represents the next level of regulated stablecoins, offering fast, accessible, and programmable digital transactions. Its compliance with MAS's robust standards aims to support wider adoption of digital payments in a safe and consumer-protected manner. USDG is positioned as a trusted and stable digital asset for regulated institutions and individual users alike, bridging traditional finance with modern blockchain technology.
In summary, USDG offers a secure, reliable stablecoin option, designed to support the evolving needs of the global digital economy.
What is unique about Global Dollar (USDG)?
Global Dollar (USDG) stands out for its MAS-regulated structure, 1:1 USD backing, and secure blockchain technology, making it both reliable and compliant with stringent financial standards.
Who are the founders of Global Dollar (USDG)?
Global Dollar (USDG) was introduced by Paxos Digital Singapore Pte. Ltd., part of Paxos, a leading blockchain and tokenization infrastructure provider.
Who are the backers/investors of Global Dollar (USDG)?
Global Dollar (USDG) is backed by high-quality liquid assets, such as US dollar deposits and short-term US government securities, held in segregated trust accounts managed by Paxos.
Where can I buy Global Dollar (USDG)?
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