paxos usdg

Kraken, Galaxy Digital, and Robinhood back stablecoin developed by Paxos

Paxos has introduced USDG, a new dollar-pegged stablecoin, with backing from major crypto players like Kraken, Galaxy Digital, and Robinhood. These companies formed the Global Dollar Network, a consortium focused on expanding regulated stablecoins worldwide. Issued in Singapore, USDG aims to offer a balanced model, challenging Tether and Circle in the market. Key Points: USDG …

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