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Global Dollar USDG |
BUY
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€0.8599211 |
-0.01% (24h) |
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Marketcap |
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€2,370,808,315 |
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Volume 24h |
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€47,215,270 |
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Description
Global Dollar (USDG) is a fully regulated stablecoin issued by Paxos in collaboration with the Global Dollar Network. This asset is 100% backed by dollar deposits, cash, and short-term US Treasuries to provide institutional-grade security for its holders. A unique feature of USDG is the redistribution of the yield generated from its reserves directly to the network partners who facilitate its adoption and integration. It is designed for cross-chain utility, ensuring smooth interoperability between various global exchanges, wallets, and merchants.