ChainCatcher news, according to The Block, the stablecoin alliance Global Dollar Network announced the addition of 19 new members, including cryptocurrency exchange BitMart, cryptocurrency custody provider Zodia Custody, wallet provider Arculus, and stablecoin payment companies Beam, FOMO Pay, AlfredPay, and Noah.GDN added that cryptocurrency trading platforms CoinMENA, Rain, and Bitwyre, Turkish platforms BiLira and Paribu, Philippine exchange PDAX, London payment company Orbital, as well as cryptocurrency infrastructure providers Aquanow, Caliza, Rakkar Digital, Sling Money, and August Digital have also joined.

ChainCatcher news, according to sources cited by Coindesk, Visa will join the stablecoin alliance Global Dollar Network (USDG) convened by the U.S. regulated digital asset company Paxos, along with cryptocurrency and fintech giants such as Robinhood, Kraken, and Galaxy Digital.Visa is the first traditional financial institution to join USDG, whose initial members also include Anchorage Digital, Bullish, and Nuvei. USDG aims to share profits with participating companies that can create connectivity and liquidity.