Global Dollar $USDG Stablecoin Launches in EU With #MiCA Compliance


Paxos has launched the Global Dollar #stablecoin in the European Union, claiming full #MiCA regulatory compliance.


Major exchanges Kraken and Gate now offer $USDG alongside partners including SwissBorg and Zodia Custody.


The stablecoin operates through Paxos Issuance Europe OY, under Finnish Financial Supervisory Authority oversight.


MiCA-compliant reserves are held in European banks with guaranteed one-to-one redemption, according to Paxos.


The Global Dollar Network includes backing from Robinhood, Mastercard, Anchorage Digital, and over 20 financial companies.


Stablecoin market capitalization reached $253.9 billion as institutional interest continues to grow significantly.

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July 02, 2025 at 11:10 AM
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