Leading crypto firms like Robinhood, Kraken, and Galaxy Digital form the Global Dollar Network to promote stablecoin adoption worldwide through the new USDG stablecoin.
Paxos, with partners Robinhood, Kraken, and Galaxy Digital, has launched USDG, a stablecoin backed by the US dollar, to promote mainstream adoption.
USDG, a new stablecoin launched by Robinhood, Kraken, and others, is based in Singapore and complies with local regulations. It offers participants 97% of reserve earnings. Managed by DBS Bank, it competes with Tether and USDC in a market they dominate.
Paxos has launched the Global Dollar (USDG) stablecoin to comply with Singapore's Monetary Authority regulations. The digital currency aims to attract participants by sharing profits from reserve assets.
Industry giants like Robinhood and Paxos have launched the Global Dollar (USDG) stablecoin on the Ethereum network to boost stablecoin usage worldwide.
Major fintech and crypto firms, including Robinhood and Kraken, have launched the Global Dollar (USDG) stablecoin, offering community rewards and regulatory compliance.
Crypto firms are launching a global network to promote USDG stablecoin usage, which is available on Ethereum and offers yield returns to adopters.
Major crypto companies like Robinhood, Kraken, and Paxos support a new stablecoin, USDG, within the Global Dollar Network. Participants aim to foster adoption and earn yields.
Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood collaborate to establish the Global Dollar Network, promoting stablecoin USDG adoption and new use cases.
Paxos has launched the Global Dollar (USDG), a US dollar-backed stablecoin, to boost stablecoin adoption globally in partnership with Singapore's DBS Bank.
Paxos launches USDG stablecoin in Singapore, compliant with MAS regulations and backed by DBS Bank's reserves management.
Paxos has launched a new stablecoin, Global Dollar (USDG), in Singapore, maintaining a 1:1 value against the U.S. dollar.
Paxos launches the USDG stablecoin in compliance with Singapore's regulatory framework. Pegged 1:1 to USD, it is backed by high-quality liquid assets, with reserves managed by DBS Bank. Initially available on Ethereum, there are plans for multi-chain expansion. This follows Paxos' full approval from Singapore's MAS for crypto services.
Paxos has launched USDG, a stablecoin backed by USD, in partnership with DBS Bank and compliant with Singapore's MAS framework.
