Seven crypto giants launch Global Dollar (USDG) to accelerate stablecoin adoption
Major crypto firms united to introduce the Global Dollar (USDG) stablecoin, which will streamline the stablecoin landscape and accelerate adoption. The USDG will use nearly 100% of the revenue generated from its reserve assets to reward network partners rather than the issuer.
USDG: Global Dollar Network Launches Singapore-Based Stablecoin with Robinhood, Kraken Partnership
Seven major crypto companies launched USDG, a Singapore-based stablecoin that will share 97% of reserve earnings with network participants while competing against established players Tether and USDC.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
Anybody can join the Global Dollar Network and accrue rewards for activity. We're distributing something like 97% of the economics. That's a big difference from how other stablecoins have been set up and created to date.
Global Dollar (USDG) Stablecoin to Challenge Tether as Galaxy Digital, Kraken, Robinhood, Paxos, Others Join Hands
Top crypto firms including joined hands to launch the Global Dollar Network, to boost stablecoin adoption across the world.
Crypto firms including Robinhood, Kraken launch global stablecoin network
A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar. The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners,
Crypto Giants Unite to Launch New Stablecoin: USDG
A consortium of key financial technology and cryptocurrency companies, including Robinhood, Kraken, and Galaxy Digital, announced a new global stablecoin networ
Paxos Launches Global Stablecoin Network With Kraken, Robinhood, Galaxy Digital and More
Paxos announced the launch of a Global Dollar Network, partnering with industry giants such as Kraken, Robinhood, Galaxy Digital, Anchorage Digital, Bullish and Nuvei.
Robinhood, Kraken, Galaxy Digital launch USDG: A new era of global stablecoin dominance
A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar. The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners,
Stablecoin Issuer Tether Says Third-Quarter Profit Was $2.5 Billion
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit ...
Stablecoin issuer Tether posts $2.5B profit in Q3, driven by gold, Treasury holdings
Tether Holdings, the company that issues the largest stablecoin USDT ( USDT-USD ), turned in a net profit of $2.5B in Q3, ...
Fintech Singapore2h
StraitsX Enables Stablecoin-Based Payments for Tourists at GrabPay Merchants
StraitsX has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system.
Circle Raises Fees Despite Rising Stablecoin Market Competition
For the second time in less than a year, Circle Internet Financial Ltd. has increased the fees it charges to cash out ...
Zawya4h
UAE stablecoin usage up 55% YoY as new regulations drive market momentum
Through the first half of the year, the value of stablecoins received by services (particularly CEX and DEX) in the country ...