About Global Dollar
Global Dollar (USDG) is a regulated, US dollar-pegged stablecoin issued by Paxos Digital Singapore Pte. Ltd. (PDS) and launched on November 1, 2024. As a single-currency stablecoin (SCS), it is designed to comply with the Monetary Authority of Singapore's (MAS) stablecoin framework. The asset is fully backed by cash and cash equivalents, facilitating secure global payments, settlements, and treasury management. USDG serves as a compliant building block for developers to integrate into smart contracts and decentralized finance (DeFi) applications within the Global Dollar Network.
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