Global Dollar Price USDG

Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos on a one-to-one basis for US dollars.

Global Dollar (USDG) is issued by Paxos Digital Singapore (PDS), which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is issued in the EU by Paxos Issuance Europe Oy (PIE), an Electronic Money Institution regulated by the Finnish Financial Supervisory Authority (FIN-FSA). USDG is fully compliant with the EU’s Markets in Crypto Assets Regulation (MiCA).

USDG combines the stability and reach of US dollars with the added security and efficiency of blockchain technology. USDG is always available and accessible, offering high transfer speeds and programmability. USDG is always available for 1:1 redemption for US dollars, 24/7.

USDG's issuance will adhere to strict regulatory standards, including requirements for value stability, capital adequacy, redemption and par and comprehensive disclosure. Specific regulatory obligations include substantial capital reserve requirements, frequent regulatory examinations, monthly independent attestations of reserve assets, monitoring of operating procedures and annual audits of reserve assets. It also provides protection from bankruptcy by holding stablecoin reserve assets in segregated accounts held on trust by PDS for the benefit of USDG holders.

USDG represents the pinnacle of regulated stablecoins, offering unparalleled stability, security and compliance in the rapidly evolving world of digital finance.

Categories: Stablecoins · USD Stablecoin · Solana Ecosystem · Arbitrum Ecosystem · Ethereum Ecosystem · Mantle Ecosystem

Global Dollar (USDG) is a stablecoin designed to maintain a value equivalent to the US dollar, providing a digital representation of fiat currency on the blockchain.

The technology behind USDG typically involves collateralization, where each USDG token is backed by an equivalent amount of US dollars held in reserve by the issuing entity. This ensures that the token's value remains stable and can be redeemed for USD on a 1:1 basis.

The primary factor influencing USDG's price stability is the collateralization ratio and the transparency of the reserves backing the token. Regular audits and attestations can bolster confidence in the peg.

Adoption and use cases also play a significant role, as increased usage in transactions, trading, and as a store of value can drive demand for USDG.

Market conditions, particularly during periods of high volatility in the crypto market, can increase demand for stablecoins like USDG as investors seek refuge from price fluctuations.

Regulatory developments are another key driver, as the legal status and treatment of stablecoins can impact their acceptance and usage in different jurisdictions.

Global Dollar has a circulating supply of 3,179,745,134 USDG with no fixed maximum supply, and a total supply of 3,179,745,134 USDG. Its fully diluted valuation is $3.18B.

You can buy Global Dollar (USDG) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, USDG is also available via local exchanges and P2P — see our USDG in naira page. Always compare fees and use reputable platforms.