
Global DollarUSDG
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About Global Dollar
USDG is the Global Dollar stablecoin, issued by Paxos Issuance Europe Oy in Finland under MiCA-aligned regulation, launched in 2024 by the Global Dollar Network. It is pegged 1:1 to the US dollar and backed by USD reserves and short-dated US Treasuries, with attestations published by Paxos. The Global Dollar Network distributes a share of reserve yield to network participants who help grow USDG distribution — a model that aligns issuance with adoption rather than keeping yield at the issuer. As with any centralised, fiat-backed stablecoin, the peg depends on the issuer's reserves and redemption mechanism — verify the latest reserve report before holding large balances.
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