Ethereum Ecosystem

<p>November 1, 2024 – Paxos, the leading regulated blockchain and tokenization infrastructure platform introduced Global Dollar (USDG) – a US dollar-backed stablecoin that is substantively compliant with MAS’ upcoming stablecoin framework. </p><p>USDG is a new, safe and trusted stablecoin that will accelerate the global adoption of stablecoins. It is designed to support the needs of regulated institutions that maintain higher standards of operation. Paxos Digital Singapore Pte. Ltd. is the issuer of USDG and is regulated by the Monetary Authority of Singapore (MAS). Paxos’s affiliate, Paxos Global Pte. Ltd., will partner with global exchanges, wallets and platforms to distribute USDG to individuals and institutions. Paxos is required to hold only high-quality liquid assets to back USDG – US dollar deposits, short duration US Government securities and other such cash equivalents. This ensures USDG maintains 1:1 parity with the US dollar and consumers can redeem their tokens for fiat at all times. </p>

Global Dollar

USDG is a US dollar-backed stablecoin by Paxos, compliant with Singapore's regulatory standards.

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Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

%coinname% Analytics: Price Dynamics, Quarterly Returns, and Annual Price Changes in USD

Period	Change	Change (%)	High	Low
24H	$ 0.0001249	+0.01%	$ 1.00	$ 0.9997
7D	-$ 0.0002888	-0.03%	$ 1.00	$ 0.9966
14D	$ 0.0001982	+0.02%	$ 1.00	$ 0.9966
30D	$ 0.0001367	+0.01%	$ 1.00	$ 0.9966
3M	-$ 0.00003029	-0.003%	$ 1.00	$ 0.9966
6M	$ 0.0003653	+0.04%	$ 1.00	$ 0.9951
YTD	$ 0.000343	+0.03%	$ 1.00	$ 0.9951
1Y	$ 0.0001751	+0.02%	$ 1.00	$ 0.9602
3Y	-$ 0.007043	-0.70%	$ 1.59	$ 0.9112

Global DollarUSDG

Global Dollar Analytics

Global Dollar Closing Price (USD) - Quarterly

global-dollar Monthly Returns (USD)

USDG - USD Price Change

Global Dollar Annual Price (USD) Change