The live price of Global Dollar is $1.00 per USDG/USD, +0.00% in the last 24 hours. It has a market cap of $3.25B and $5.10M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. USDG has a circulating supply of 3.25B.
Global Dollar (USDG) is a stablecoin designed to maintain a one-to-one value with the US dollar. It is redeemable for US dollars at a fixed rate, with redemption available at any time. The stablecoin is backed by reserve assets held in segregated accounts, which are intended to protect holders in the event of issuer insolvency.
The asset is issued by Paxos Digital Singapore, a Major Payments Institution under the supervision of the Monetary Authority of Singapore. In the European Union, issuance is handled by Paxos Issuance Europe Oy, an Electronic Money Institution regulated by the Finnish Financial Supervisory Authority. The stablecoin complies with the EU’s Markets in Crypto Assets Regulation.
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USDG operates on blockchain technology, offering transfer speed and programmability. Its issuance is subject to regulatory oversight, including capital reserve requirements, regular examinations, independent attestations of reserves, and annual audits. The stablecoin aims to combine the stability of the US dollar with the efficiency of digital assets, while adhering to strict compliance standards.
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