Global Dollar (USDG), a stablecoin issued by Paxos Digital Singapore, is expanding to Solana, a blockchain platform. Paxos' affiliate, Paxos Digital Singapore, is regulated by the Monetary Authority of Singapore. Initially launched on Ethereum, USDG can now be accessed on Solana through Anchorage Digital and Kraken. The Global Dollar Network has partnered with various firms to integrate USDG, including alfred, Caliza, Noah, Rain, and Sling Money. The integration aims to drive USDG adoption for use cases such as card payments, cross-border transfers, and treasury management. This expansion reflects the growing stablecoin market and the demand for regulated dollar-denominated financial products.



Other News from Today