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Home/ Companies/ Paxos/ USDG

Global Dollar

$3.3B market cap

Issued by Paxos · reviewed

Market cap
$3.28B -1.09% 7d
30-day trend
USDG market cap trend, last 30 days: -5.0%
Volume / market cap
32.6%
Peg drift, 30 days
0.03%

Market data as of , the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

USDG is a U.S. dollar-backed stablecoin by Paxos, maintaining a 1:1 peg with the U.S. dollar and integrated across multiple blockchain networks.

01

Instrument facts

Symbol USDG
Peg USD
Backing Fiat backed
Status Active
Launched 2024
Networks L1 EVM Ethereum L1 non EVM Solana L2 Ink, X Layer
Specifications Backing USDG is fully backed by U.S. dollar reserves, including cash deposits and short-term U.S. government securities. Reserve reporting Paxos publishes monthly reserve reports for all Paxos-issued stablecoins, including USDG. Redemption USDG maintains a 1:1 backing with U.S. dollar deposits, short-term U.S. government securities, and other cash equivalents, allowing token holders to redeem for fiat currency. KYC required Yes unverified
Use cases Payments, Trading
Regulatory status Jurisdiction Singapore · License type MAS Major Payment Institution (Paxos Digital Singapore) · Status Licensed · Issued 2024
02

Supply by chain

6 chains · $3.2B total
ChainSupply
X Layer$1.6B
Robinhood Chain$672M
Solana$609M
Ethereum$322M
Ink$62M
Hyperliquid L1$2M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

6 chains
ChainAddress
Ethereum0xe343167631d89b6ffc58b88d6b7fb0228795491d
Ink0xe343167631d89b6ffc58b88d6b7fb0228795491d
Mantle0x063c1d1ef6e9099ce3e8e9ad5c6173d12c49c086
Robinhood0x5fc5360d0400a0fd4f2af552add042d716f1d168
Solana2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH
X Layer0x4ae46a509f6b1d9056937ba4500cb143933d2dc8

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

04

Background

The Global Dollar (USDG) is a stablecoin issued by Paxos, designed to maintain a 1:1 peg with the U.S. dollar. USDG is fully backed by U.S. dollar reserves, including cash deposits and short-term U.S. government securities. These reserves are managed by DBS Bank, Southeast Asia's largest bank, with monthly reserve reports published for transparency.

Figures marked unverified are recorded but not yet independently confirmed.

Compiled from issuer disclosures, on-chain data and market data. Paxos · Methodology