Stablecoin

Dollar

Major

Galaxy

Global Dollar

<ul class="wp-block-list news-points">
 <li>Paxos, Robinhood, Bullish, and more companies have debuted Global Dollar (USDG).</li>
 <li>The new USDG stablecoin has been built atop the Ethereum blockchain.</li>
 <li>DBS Bank has been named as the primary banking partner for the Global New Dollar project.</li>
</ul>
Major players in the digital asset industry, including Robinhood, Paxos, Kraken, Nuvei, Bullish, Anchorage, and Galaxy Digital, have partnered to launch a new stablecoin called the Global Dollar (USDG). The stablecoin network, known as Global New Dollar, aims to “accelerate stablecoin usage worldwide.”
According to a <a href="https://www.prnewswire.com/news-releases/introducing-global-dollar-network---an-open-network-to-accelerate-and-reward-global-stablecoin-adoption-driven-by-anchorage-digital-bullish-galaxy-digital-kraken-nuvei-paxos-and-robinhood-302295847.html" target="_blank" rel="noopener noreferrer nofollow">press release</a>, USDG is built on the Ethereum (ETH) blockchain and focuses on expanding the adoption of blockchain-based fiat currencies globally. The project invites a wide range of market participants to join, including custodians, exchanges, payment fintechs, merchants, protocols, card networks, banks, and investment platforms.
<a href="https://coinedition.com/stablecoins-and-blockchain-drive-demand-for-us-treasuries-report/" rel="noopener noreferrer nofollow">Read also: Stablecoins and Blockchain Drive Demand for US Treasuries: Report</a>
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 Firms incl Anchorage Digital, Galaxy Digital, Kraken, Paxos &amp; Robinhood partnering on new stablecoin… The Global Dollar (USDG). Built on Ethereum. Stablecoin space becoming wildly competitive. <a href="https://t.co/PWv9YqDIXT" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.…</a>
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The post <a href="https://coinedition.com/global-dollar-usdg-stablecoin-launched-by-industry-giants/" rel="noopener noreferrer nofollow">Global Dollar (USDG) Stablecoin Launched by Industry Giants</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Global Dollar (USDG) Stablecoin Launched by Industry Giants

Coin Edition

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