About Global Dollar
Global Dollar (USDG) is a US-dollar-pegged stablecoin launched in 2024 by Paxos Trust Company in collaboration with the Global Dollar Network, a consortium that includes major payments, fintech, and exchange firms such as Robinhood, Kraken, Galaxy, Nuvei, and Anchorage Digital. USDG is designed as an open, interoperable on-chain dollar that distributes a share of reserve yield back to the participating partners that drive adoption.
USDG is fully backed by cash and short-duration US Treasury bills held by Paxos and is regulated by the Monetary Authority of Singapore under the country's stablecoin framework. Paxos publishes monthly reserve attestations from an independent accounting firm. The token is issued on Ethereum and other supported chains, with mint and redeem flowing through Paxos's institutional onboarding process for qualified counterparties.
USDG is supported across the Global Dollar Network's partner platforms for payments, trading, and on-chain settlement, with additional listings on major exchanges and DeFi protocols. Its consortium-led design positions USDG as an alternative to single-issuer stablecoins, designed to align incentives between the issuer and the platforms that ultimately distribute it.
Crypto Market Watch tracks the live Global Dollar price ranked #35 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor USDG market activity in real time.
