About Global Dollar
Global Dollar (USDG) is a fiat-backed stablecoin pegged 1:1 to the US dollar, used in payments, exchange trading, and decentralized finance. It is issued by Paxos Digital Singapore Pte. Ltd. and Paxos Issuance Europe. The Singapore entity is supervised by the Monetary Authority of Singapore under MAS frameworks, while the European entity is regulated by the Finnish FIN-FSA under EU MiCA stablecoin rules. Paxos, a US fintech company founded in 2012, launched USDG in November 2024. USDG is not a standalone blockchain. It is a token issued across multiple public permissionless networks, including Ethereum, Solana, Mantle, Ink, X Layer, and Robinhood Chain, and relies on each underlying chain's own consensus mechanism. Each USDG token is backed 1:1 by cash and short-term US Treasury equivalents held in segregated, bankruptcy-remote accounts. Supply expands or contracts through a mint-and-redeem model with no fixed cap. The token is used for payments settlement, exchange trading pairs, DeFi collateral, and as the core asset in the Global Dollar Network's revenue-sharing model for partners. USDG is a multi-chain regulated stablecoin built to provide dollar-denominated liquidity across jurisdictions and platforms.
Ukraine’s fiber-optic drones face supply squeeze as AI data centers compete for cable
The competition for fiber-optic cables highlights the strategic vulnerabilities and economic pressures in military and tech sectors globally.
Nvidia spy allegations prompt Congress to tighten China’s chip access
The allegations against Nvidia could accelerate legislative efforts to restrict China's access to advanced AI chips, impacting global tech dynamics.
Nvidia faces scrutiny over China revenue exposure amid spy concerns
Increased scrutiny on Nvidia's China ties could lead to tighter regulations, impacting global chip sales and investor confidence.
TRON adds $16.1 billion to native stablecoin market cap in a year
TRON's growing stablecoin dominance could attract more liquidity but poses concentration risks due to heavy reliance on USDT.
Solana hits 15% of major US exchange trade count, Fidelity report finds
Solana's rise in trade activity highlights its growing role in financial markets, but sustainability depends on market conditions and fee structures.
Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 6.07 million tokens, and total crypto and total cash & marketable securities holdings of $14.3 billion
PRNewswire, PRNewswire, 9th November 2026, Chainwire
A sourced map of Global Dollar's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Global Dollar and the wider market, hosted by our team, will appear here once episodes are live.