Global Dollar token
Overview
Global Dollar (USDG) is a US dollar stablecoin issued by Paxos Digital Singapore under the Monetary Authority of Singapore's stablecoin framework, launched on November 1, 2024 with DBS Bank as primary banking partner. Reserves are held in dollar deposits, short-duration US government securities and cash equivalents. USDG anchors the Global Dollar Network, launched with partners including Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei and Robinhood, which shares reserve economics with firms that adopt the token.
Within the DeFi Intel graph, Global Dollar connects to 14 tracked entities, most strongly to Ethereum, Solana, Paxos.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 14 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
issued_by | Paxos | 95% |
deployed_on | Ink | 95% |
deployed_on | X Layer | 95% |
custody_by | DBS Bank | 95% |
integrates | Global Dollar Network | 95% |
integrates | Mastercard | 90% |
backed_by | U.S. Treasury Bills | 90% |
regulated_by | Monetary Authority of Singapore | 90% |
Frequently asked questions
What is Global Dollar?
Global Dollar (USDG) is a US dollar stablecoin issued by Paxos Digital Singapore under the Monetary Authority of Singapore's stablecoin framework, launched on November 1, 2024.
What chains is Global Dollar deployed on?
Global Dollar is deployed on Solana, X Layer, Ethereum, and Ink.
Who is the primary banking partner for Global Dollar?
DBS Bank is the primary banking partner and custodian for Global Dollar.