Global Dollar
Profil du Stablecoin
Global Dollar (USDG) est un stablecoin adossé au fiat ancré à USD, avec 1,7 Md $US en offre en circulation sur 4 réseaux blockchain. Chaque USDG est adossé aux réserves détenues par l'émetteur, avec parité attestée via coingecko. L'ancrage s'est maintenu dans une fourchette de ±1% sur la plupart des sessions de négociation, la composition des réserves et la cadence d'attestation étant les principaux facteurs de son profil de risque de crédit.
À propos de Global Dollar (USDG)
Global Dollar (USDG) is a single currency stablecoin pegged to the US dollar that is regulated under the Monetary Authority of Singapore (MAS). USDG is issued by Paxos Digital Singapore (PDS) and will always be fully redeemable from Paxos on a one-to-one basis for US dollars.
KYC'ed users can mint and redeem USDG through paxos dashboard or through the Paxos API. USDG is redeemable 1:1 for US dollars.
Activité récente de l'offre
Global Dollar (USDG) supply expanded by 2,7 k $US in the last 24 hours, expanded by 60,9 M $US (+3.81%) over the past week, and expanded by 191,4 M $US (+13.06%) over the past 30 days.
Expansion phase: minting activity has outpaced redemptions, with circulating supply growing 13.06% over the past month.
Historique de l'Offre
Network distribution
Global Dollar circulates across 4 blockchain networks. Solana hosts the largest share at 54.79%, followed by X Layer at 19.83%. Ethereum has shown the strongest 30-day growth at +25.56%, suggesting fresh issuance or bridge inflows on that chain.
| Chaîne | Offre | Part | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Solana | 908,1 M $US | 54.79% | -1.53% | +9.51% |
| X Layer | 328,7 M $US | 19.83% | 0.00% | +18.01% |
| Ethereum | 317 M $US | 19.12% | +4.65% | +25.56% |
| Ink | 103,8 M $US | 6.26% | -0.00% | -2.06% |
Historique de stabilité de l'ancrage
Global Dollar (USDG) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.0000, a -0.001% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Comment les stablecoins reserve-backed défendent leur ancrage
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Implications pratiques pour les détenteurs
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Adresses de contrat
Global Dollar (USDG) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Chaîne | Adresse du contrat | Vérifier |
|---|---|---|
| Ethereum | 0xe343167631d89B6Ffc58B88d6b7fB0228795491D | Explorateur |
Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.
Comparer Global Dollar à d'autres stablecoins fiat-backed
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Global Dollar (USDG). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Offre | Mécanisme | Chaînes |
|---|---|---|---|
| Tether (USDT) | 184,1 Md $US | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 Md $US | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Md $US | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Md $US | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Md $US | fiat-backed | 8 |
Entre les classes de mécanismes
If you're researching USDG as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Stabilité du Peg
Distribution par Chaîne
Ressources et sources de données
Global Dollar (USDG) is tracked across major crypto data providers. The links below open Global Dollar (USDG)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from coingecko. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Actualités récentes sur Global Dollar
Latest reporting from major crypto news outlets covering Global Dollar.
- Bitcoin
Top 5 Stablecoins Capture Nearly 90% of Sector as Market Contracts This Week
Over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market's total valuation to $323.052 billion, according to figures…
- PYMNTS
Anchorage Digital Ends USDG Promotion to Assert Stablecoin Neutrality
Anchorage Digital will take a less active role in the Global Dollar Network as it becomes a white-label stablecoin issuer for more companies and takes a more neutral stance on…
- Coincu
Anchorage Digital Steps Back From USDG Leadership Amid Governance Shift
Anchorage Digital, one of the founding partners of the Global Dollar Network behind the USDG stablecoin, is stepping back from a leadership position within the alliance as the…
- Crypto news
Anchorage steps back from USDG as stablecoin alliances decentralize
USDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a…
- Crypto news
Luxembourg-licensed Banking Circle expands into fiat-to-stablecoin settlement
Banking Circle has rolled out institutional stablecoin settlement services after securing regulatory approval in Luxembourg.
- Blockchain News
Paxos Launches On-Chain Stablecoin Rewards Engine for USDG
Paxos debuts Partner Rewards Engine with daily claimable rewards for institutional USDG holders, marking first regulated stablecoin with programmable on-chain yield.
- Blockchain News
Paxos Unveils $1M Bug Bounty Program Covering PYUSD, PAXG, USDG Smart Contracts
Paxos launches $1 million bug bounty on Cantina platform, covering all major stablecoin and gold token contracts plus Web2 infrastructure in security push.
- Blockonomi
Stablecoins With Yield Surge as US Lawmakers Clash
Yield-bearing stablecoins grew 15x faster than the broader market, as US lawmakers debate crypto-linked yield rules.
Stablecoins associées
Stablecoins comparable to Global Dollar by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Autres stablecoins fiat-backed
Stablecoins indexés sur USD
Plus grands stablecoins par offre
Avertissement de Risque
Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.