Robinhood, Kraken, Galaxy Digital and Paxos Launch Global Dollar Network with USDG Stablecoin

Issued by Paxos in Singapore, Global Dollar USDG aligns with upcoming MAS regulatory standards and sets itself apart from other stablecoins. Under USDG’s model, network participants are rewarded based on contributions to network connectivity and liquidity. A group of prominent firms in the crypto industry has unveiled a new stablecoin called the Global Dollar (USDG). [...]