Global Dollar (USDG) Stablecoin Launches in the European Union

Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore, USDG is designed to meet the increasing demand for stablecoins in the region. The stablecoin is backed by the Global Dollar Network and is now available on major platforms such as Kraken and Gate, providing access to over 450 million consumers across 30 countries. With a strong emphasis on consumer protection and regulatory compliance, USDG aims to enhance the rapidly growing European crypto ecosystem. Paxos, along with partners including Mastercard and Robinhood, is dedicated to promoting stablecoin adoption and expanding its practical applications in the financial landscape.