Description
Global Dollar (USDG) is a stablecoin pegged 1:1 to the US dollar, launched in 2024 by Paxos Digital Singapore (PDS) and regulated by the Monetary Authority of Singapore (MAS). Operating on the Ethereum platform, USDG combines blockchain's security and efficiency with the stability of traditional currency. It ensures high transfer speeds, programmability, and 24/7 availability for 1:1 redemption to US dollars. USDG adheres to MAS's stringent stablecoin framework, pioneering consumer protection with robust regulatory compliance, including capital reserves and frequent audits. With a supply varying from 10 to 29 million, it maintains a price near $1. Its position as a Major Payments Institution (MPI) highlights its regulatory alignment and security measures, making USDG a leader in the sector. For more information, visit [globaldollar.com](https://globaldollar.com).
Global Dollar (USDG) is a stablecoin pegged 1:1 to the US dollar, launched in 2024 by Paxos Digital Singapore (PDS) and regulated by the Monetary Authority of Singapore (MAS). Operating on the Ethereum platform, USDG combines blockchain's security and efficiency with the stability of traditional currency. It ensures high transfer speeds, programmability, and 24/7 availability for 1:1 redemption to US dollars. USDG adheres to MAS's stringent stablecoin framework, pioneering consumer protection with robust regulatory compliance, including capital reserves and frequent audits. With a supply varying from 10 to 29 million, it maintains a price near $1. Its position as a Major Payments Institution (MPI) highlights its regulatory alignment and security measures, making USDG a leader in the sector. For more information, visit [globaldollar.com](https://globaldollar.com).
