OKX Joins Paxos $USDG Network as Stablecoin Competition Intensifies


#OKX crypto exchange is joining the Global Dollar Network to support #Paxos' regulated #USDG stablecoin for its 60 million global users.


The Singapore-regulated stablecoin launched in November 2024 with a $356 million circulating supply, significantly smaller than market leaders $USDT and $USDC.


$USDG operates within established regulatory frameworks and expanded into the European Union under MiCA compliance this month.


The Global Dollar Network includes major partners like Robinhood, Kraken, Anchorage Digital, and #StandardChartered.


#Stablecoins account for 16-35% of transactional activity across major regions, with institutional adoption growing following recent regulatory clarity.

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July 15, 2025 at 11:38 AM
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