Global Dollar (USDG) Stablecoin Launches in the European Union
2025-07-01 15:47:37
Main Idea
Paxos launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union on July 1, 2025, compliant with MiCA and overseen by financial authorities in Finland and Singapore.
Key Points
1. USDG is a fully regulated USD-backed stablecoin launched by Paxos in the EU on July 1, 2025.
2. The stablecoin complies with the EU’s Markets in Crypto-Assets (MiCA) regulation.
3. USDG is overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore.
4. The stablecoin is available on major platforms such as Kraken and Gate, providing access to over 450 million consumers across 30 countries.
5. Paxos is collaborating with partners like Mastercard and Robinhood to promote the stablecoin.
Description
On July 1, 2025, Paxos officially launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union (EU). Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore, USDG is designed to meet the increasing demand for stablecoins in
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