usdg

According to BBX data, yesterday the compliant stablecoin infrastructure and traditional institutional crypto layout advanced simultaneously, with the following core dynamics:OSL Group (HKEX: 863) announced on April 14 that its compliant enterprise-grade stablecoin USDGO has been online for about two months, with a circulation scale reaching $130 million; Goldman Sachs' stablecoin reserve fund STBXX officially joined the reserve asset system, alongside BlackRock's tokenized fund BUIDL as underlying support; the original ecological alliance GO Alliance was simultaneously upgraded to the global industry alliance Stable Alliance.Deutsche Börse Group (XETRA: DB1) announced on April 14 through an official announcement that it acquired $200 million in secondary market shares of Kraken's parent company Payward, Inc., obtaining approximately 1.5% fully diluted ownership; Bloomberg estimates the corresponding valuation of Kraken to be about $13.3 billion, down from $20 billion during the equity transfer in November 2025; the transaction is expected to be completed in Q2 2026, aiming to bridge traditional finance and digital asset institutional channels.Capital B (Euronext Growth Paris: ALCPB) recently purchased 37 BTC (average price approximately €60,892), raising its total holdings to 2,925 BTC, with a total cost of €269.4 million, YTD BTC Yield 1.25%; Blockstream and UTXO Management's debt-to-equity conversion was completed simultaneously, adding a total of 36,613,919 shares.

Bitget launches USDGO flexible wealth management product. During the event, users can go to the "Easy Earn" section to purchase USDGO, unlocking floating annualized returns based on the scale of their wealth management holdings, with a maximum of 15% APR. In addition, Bitget supports users holding USDT to exchange for USDGO without any fees, facilitating efficient capital allocation. For more product details, please refer to the Bitget official platform.

OSL Group's Chief Business Officer Zhang Yinghua stated at the Solana Breakpoint 2025 summit that OSL Group will launch the USD stablecoin USDGO in collaboration with the Solana network. OSL Group will serve as the brand and distributor of USDGO, while Anchorage Digital Bank will be the issuer.It is reported that USDGO is pegged to the US dollar at a 1:1 ratio and is subject to federal regulation in the United States, with plans for an official launch in the first quarter of 2026, and the first supported blockchain being Solana.

According to Financefeeds, Swiss crypto bank AMINA Bank has integrated Paxos' USDG stablecoin into its institutional services and joined the Global Dollar Network (GDN). As a FINMA-regulated Swiss crypto bank, AMINA Bank continues to expand its institutional-grade digital dollar services.Myles Harrison, Chief Product Officer of AMINA Bank, stated that this collaboration reflects AMINA's ongoing commitment to compliant innovation. In addition to custody and trading, AMINA has also launched a rewards program that offers higher annual rewards for USDG balances.

According to official news, OKX Pay now supports USDG on the X Layer network and has launched a dedicated interest rate increase activity. After users update the OKX App to version V6.143.0 or above, they can earn returns by purchasing, exchanging, or transferring USDG. The activity rules indicate that the first 10,000 USDG held by users will enjoy an annualized return of 10%, while any amount exceeding that will enjoy an annualized return of 5%. Interest is calculated daily and distributed weekly, providing users with a convenient and stable asset appreciation service.It is reported that USDG (Global Dollar) is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and is a single currency stablecoin (SCS) pegged to the US dollar. It complies with the stablecoin regulatory framework that will soon be implemented by the Monetary Authority of Singapore (MAS). Each USDG is backed by reserve assets such as U.S. Treasury bonds and is audited monthly by an independent auditing firm, Enrome LLP, to ensure the stability of its peg to the US dollar.

ChainCatcher news, according to Blockworks, stablecoin issuer Paxos has announced that it will allow employees to choose to receive their salaries in the form of USDG stablecoin. Through integration with the payroll payment platform Toku, Paxos employees can opt to receive part or all of their salaries in stablecoin instead of traditional fiat currency.

ChainCatcher news, Ourbit SuperCEX officially announces a strategic partnership with Paxos and the launch of the dollar stablecoin $USDG issued by Paxos on the platform. With the initiation of this collaboration, Ourbit also officially joins the Global Dollar Network, working together to promote the inclusivity and global application of stablecoins.$USDG is a stablecoin issued by Paxos, fully backed by real dollar assets, designed for everyday payments and global use. Users can now exchange $USDG for USDT at a 1:1 ratio on the Ourbit platform, experiencing secure and convenient stablecoin trading and payment services.Ourbit stated that this collaboration marks an important step in the platform's layout of the stablecoin ecosystem. In the future, both parties will continue to deepen their cooperation and explore more innovative stablecoin rewards and application scenarios.

ChainCatcher news, according to the official announcement, to meet users' dual demands for efficient asset utilization and returns, OKX has officially launched the USDG automatic earning feature. This feature allows users to earn returns while using USDG as collateral. More related earning activities will be launched in the future. Users only need to hold at least 1 USDG in their OKX account to automatically start accumulating returns, with no additional fees required. Returns will be settled directly to the fund account on a weekly basis.It is reported that USDG is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and has been approved by the Monetary Authority of Singapore (MAS) to provide digital payment token services as a major payment institution, complying with the upcoming stablecoin framework requirements from MAS. Compared to traditional products, USDG automatic earning offers advantages such as stability and security, improved capital efficiency, no additional rates, and no purchase limits. In scenarios such as collateralized lending and margin trading, USDG not only enhances capital utilization but also brings continuous returns to users.

ChainCatcher news, the Solana ecosystem liquidity protocol Kamino announces the upcoming launch of two new high-yield vaults for USDC and USDG, based on Steakhouse custody.

ChainCatcher news, according to Globe Newswire, the U.S. listed Solana treasury company DeFi Development Corp. (NASDAQ: DFDV) announced its joining of the Global Dollar Network (GDN) to expand the access and application of the USDG stablecoin.USDG is issued by Paxos Digital Singapore and Paxos Issuance Europe, anchored to U.S. dollar reserves, and has been launched on the Solana, Ink, and Ethereum networks.Through this collaboration, DeFi Development Corp. will gain API integration and distribution rights for USDG, participate in the governance of the GDN network advisory committee, and enjoy incentives related to the custody, minting, and use of USDG.The company's CEO Joseph Onorati stated that this move will promote the adoption of USDG within the Solana ecosystem and further enhance its treasury strategy based on SOL.

ChainCatcher news, according to Cointelegraph, Visa has added support for stablecoins PYUSD, USDG, and EURC.

ChainCatcher news, according to TheBlock, the cryptocurrency exchange platform OKX has joined the Global Dollar Network (GDN), a stablecoin alliance co-founded by Paxos, Robinhood, Kraken, Anchorage Digital, Galaxy Digital, Bullish, and Nuvei.As part of this initiative, OKX has added support for the USD stablecoin USDG issued by Paxos. Currently, the supply of USDG on Solana, Ethereum, and Ink is 357 million tokens.

ChainCatcher news, according to The Block, regulated stablecoin issuer Paxos has launched the USD stablecoin USDG through its Finnish subsidiary Paxos Issuance Europe OY under the EU's Markets in Crypto-Assets (MiCA) framework. This stablecoin is backed by institutions such as Robinhood and Kraken, and has been launched on blockchains like Ethereum and Solana, currently reaching a market capitalization of $322 million.USDG is backed by a 1:1 dollar reserve, with part of the cash reserves held in European banks. This product will compete with stablecoins like USDC, which has already obtained a MiCA license, as the global stablecoin market currently stands at $160 billion.

ChainCatcher news, according to the official announcement, OKX is about to launch USDG (GlobalDollar), with the following schedule:USDG auction time: June 11, 2025, from 8:00 PM to 9:00 PM (UTC+8);USDG/USDT spot trading opening time: June 11, 2025, at 9:00 PM (UTC+8);USDG withdrawal opening time: June 11, 2025, at 11:00 PM (UTC+8).

ChainCatcher news, according to Chainwire, the payment financial platform Huma has officially joined the Global Dollar Network (GDN). This alliance, initiated by Paxos and supported by the stablecoin USDG, includes members such as Robinhood and Kraken, aiming to promote the adoption of stablecoins through unified incentives, regulatory compliance, and global applications.USDG is a dollar stablecoin issued by Paxos Digital Singapore, compliant with the upcoming stablecoin regulatory framework to be implemented by the Monetary Authority of Singapore (MAS). This stablecoin can operate on MAS-approved public chains such as Solana and Ethereum, with Solana being the preferred chain due to its efficient scalability, currently processing about $3.5 billion to $4 billion in stablecoin transactions daily.Huma co-founder Erbil Karaman pointed out that a single issuer struggles to create the network effect needed to drive stablecoin adoption, and joining GDN will accelerate the proliferation of the PayFi payment ecosystem. Currently, Huma has processed over $45 billion in payment transactions, serving a global market with a scale exceeding $30 trillion. Paxos product head Ronak Daya stated that Huma's infrastructure will enhance the efficiency of cross-border capital flows, and USDG has significant potential for application in the remittance sector.USDG features real-time settlement and cross-border payment capabilities, with on-chain transaction volume surpassing $35 trillion in 2024. As the U.S. GENIUS Act advances regulatory clarity, the value of stablecoins as programmable financial infrastructure continues to be highlighted.

ChainCatcher news, according to the OKX announcement, the OKX platform will launch spot trading for Global Dollar (USDG). Deposit will open on June 4 at 14:00 (UTC+8), the auction period will be from 20:00 to 21:00 on June 5, trading for USDG/USDT will officially start at 21:00, and withdrawals will open at 23:00.

ChainCatcher news, according to PRNewswire, Global Dollar Network announced that Global Dollar (USDG) is now available on the Ink blockchain.USDG is a dollar-pegged single-currency stablecoin issued by Paxos, which was previously available on the Solana blockchain and maintained Ethereum compatibility. The availability of USDG on Ink provides users and developers with a stable asset for trading, liquidity provision, and interaction with various DeFi applications.

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.