#48

Global Dollar

USDG
0.00001484 BTC
$1
24h: -0.01% 7d: -0.01%
All Time High $1.65 Jan 30, 2025
24h
$1 $1
24h Volume $13.93M

Price Chart

About Global Dollar

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 Ethereum Ecosystem X Layer Ecosystem Fiat-backed Stablecoin Ink Ecosystem

Market Data

Rank
#48
Market Cap
$1.7B
Volume
$13.93M
Circulating Supply
1.7B USDG
Total Supply
1.7B USDG
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$-34.77K
24h Market Cap Change %
0.00%