USDG

Global Dollar price
USDG
#809

$0.9999  

0.06% (1d)

Global Dollar to USD Chart

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Global Dollar statistics
Market cap
$26.44M

0.06%

Volume (24h)
$1.26K

104.62%

FDV
$26.44M
Vol/Mkt Cap (24h)
0.004784%
Total supply
26.44M USDG
Max. supply
--
Circulating supply
26.44M USDG
USDG to USD converter
USDG
USD
Price performance
24h 
Low
$0.9978
High
$1.00
All-time high
Nov 11, 2024 (9 days ago)
$1.60
-37.41%
All-time low
Nov 11, 2024 (9 days ago)
$0.9112
+9.74%
See historical data


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About Global Dollar

USDG combines the stability and reach of US dollars with the added security and efficiency of blockchain technology. USDG is always available and accessible, offering high transfer speeds and programmability. USDG is always available for 1:1 redemption for US dollars, 24/7.

Paxos Digital Singapore Pte. Ltd. (PDS), the issuer of USDG, has secured full approval from the Monetary Authority of Singapore (MAS) as a Major Payments Institution (MPI) to offer digital payment token services. This approval aligns USDG with MAS' forthcoming stablecoin framework, positioning it at the forefront of regulatory compliance. MAS, a globally recognized prudential regulator, is known for its robust oversight of stablecoins and commitment to stringent consumer protection standards.

USDG's issuance will adhere to strict regulatory standards, including requirements for value stability, capital adequacy, redemption and par and comprehensive disclosure. Specific regulatory obligations include substantial capital reserve requirements, frequent regulatory examinations, monthly independent attestations of reserve assets, monitoring of operating procedures and annual audits of reserve assets. It also provides protection from bankruptcy by holding stablecoin reserve assets in segregated accounts held on trust by PDS for the benefit of USDG holders.

USDG represents the pinnacle of regulated stablecoins, offering unparalleled stability, security and compliance in the rapidly evolving world of digital finance.