What is Global Dollar?

Global Dollar (USDG) is a stablecoin pegged to the US dollar and fully redeemable on a one-to-one basis. It is issued by Paxos Digital Singapore, which operates under the supervision of the Monetary Authority of Singapore, and in the EU by Paxos Issuance Europe Oy, regulated by the Finnish Financial Supervisory Authority. USDG is compliant with the EU’s Markets in Crypto Assets Regulation.

The issuance of USDG adheres to regulatory standards that emphasize value stability, capital adequacy, and transparency. This includes requirements for substantial capital reserves, regular regulatory examinations, monthly independent attestations of reserve assets, and annual audits to ensure compliance and protect holders through segregated trust accounts.