Global Dollar

$3.3B market cap

Issued by Paxos · reviewed 8 September 2026

Market cap: $3.30B +0.27% 7d
30-day trend
Volume / market cap: 39.5%
Peg drift, 30 days: 0.03%

Market data as of 8 September 2026, 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.

Last verified 2026-06-27. 1 of the 8 fields shown is recorded but not yet verified and is marked below; 4 further tracked fields are not recorded.

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

8 of 12 tracked fields recorded

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

02

Supply by chain

6 chains · $3.2B total

Chain	Supply
X Layer	$1.6B
Robinhood Chain	$665M
Solana	$577M
Ethereum	$293M
Ink	$61M
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

Chain	Address
Ethereum	`0xe343167631d89b6ffc58b88d6b7fb0228795491d`
Ink	`0xe343167631d89b6ffc58b88d6b7fb0228795491d`
Mantle	`0x063c1d1ef6e9099ce3e8e9ad5c6173d12c49c086`
Robinhood	`0x5fc5360d0400a0fd4f2af552add042d716f1d168`
Solana	`2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH`
X Layer	`0x4ae46a509f6b1d9056937ba4500cb143933d2dc8`

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

Official site · Whitepaper

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.

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