Global Dollar Kurs in US Dollar

Global Dollar (USDG) is a fiat-referenced stablecoin issued by Paxos Digital Singapore Pte. Ltd., pegged 1:1 to the US dollar and governed under the Monetary Authority of Singapore’s forthcoming stablecoin framework. It is deployed on Ethereum and other public blockchains approved by MAS. Each token is fully backed by reserves composed of US dollars and short-term cash equivalents, held in segregated accounts. USDG is redeemable at par through Paxos and is used for digital payments, settlements, cross-border transfers, treasury management, and DeFi. The issuance, redemption, and transfer of USDG are managed via audited smart contracts. Paxos Group, the issuer, is regulated across multiple jurisdictions and has issued over $160 billion in stablecoins since 2018.