Paxos Expands with USDG Stablecoin
Paxos has officially introduced USDG, a fully regulated USD-backed stablecoin now available to European users. The stablecoin is listed on major cryptocurrency exchanges Kraken and Gate, creating new opportunities for both institutional and retail investors across the European Union.
Regulatory Breakthrough: USDG Meets MiCA Standards
USDG is fully compliant with the Markets in Crypto-Assets (MiCA) regulatory framework, which governs digital assets across the EU. This strategic compliance positions USDG as one of the first USD stablecoins to meet the strict guidelines required for legal circulation in European markets, enhancing its credibility and long-term stability.
USDG Powers the Global Dollar Network
The launch of USDG strengthens Paxos’ Global Dollar Network, a rapidly growing ecosystem that provides unique economic advantages to its partners. The network is backed by more than 20 leading fintech and financial service organizations, including Anchorage Digital, Kraken, Mastercard, Robinhood, and Worldpay. These strategic partnerships are expected to drive utility, expand payment solutions, and increase adoption of USDG across multiple financial platforms.
Major Exchange Listings: Kraken and Gate
USDG’s immediate availability on Kraken and Gate significantly enhances its market accessibility. Both platforms are key players in the global crypto space, and their support ensures that USDG can reach a wide audience, bolstering liquidity and trading volume from day one.
Paxos Leads Stablecoin Innovation
With full regulatory approval and strong institutional support, Paxos is positioning USDG as a leader in the next generation of compliant stablecoins. As European markets demand greater transparency and oversight, USDG’s MiCA alignment offers a clear advantage for long-term growth and adoption.
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This article was created with AI assistance and curated by DNIR Staff for accuracy and editorial standards.
