Global Dollar Network adds 19 members to promote adoption of USDG stablecoins
According to online reports, the Global Dollar Network (GDN), co-sponsored by Paxos, Robinhood and others, announced the addition of 19 new member institutions, aiming to expand the global adoption of its Solana-based U.S. dollar stablecoin USDG. The current circulation of USDG is approximately US$285 million, issued by Paxos Digital Singapore, and basically conforms to the regulatory framework of stablecoin that Singapore is about to launch.
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