USDG
Asset Issuer
Paxos
Asset Platform
Kraken
Asset Name
USDG
Asset Class
Stablecoin
Asset Type
Stablecoin
Asset Abbreviation
USDG
Asset Fraction Price
$1
Asset Fraction Yield
-
Asset Fraction Maturity
-
Min. Investment Size
$1
Asset Fraction Sale End Date
Asset
Valuation
654M
Category
Description
Global Dollar (USDG) is a single-currency stablecoin (SCS) pegged to the US dollar, issued by Paxos Digital Singapore Pte. Ltd. (PDS) and is compliant with the Monetary Authority of Singapore’s (MAS) forthcoming stablecoin framework. Built for payments, settlements and treasury, USDG can be used as an interoperable building block for open-source smart contracts, enabling developers to create new use-cases, products and services with USDG. All cash and cash equivalent reserve assets are held in segregated accounts to protect user assets. USDG is available for purchase and fully redeemable from Paxos on a one-to-one basis for US dollars (1 USDG = 1 USD).
Features
- Regulated & Transparent: Issued under the MAS framework, with monthly attestation reports.
- 1:1 USD Backing: Every token is backed by USD held in segregated accounts.
- Multi-Chain: Available on Ethereum and Solana networks.