Robinhood, Kraken, and Paxos have joined forces to launch the Global Dollar Network, a new initiative focused on accelerating the adoption of stablecoins worldwide. This network will introduce a new stablecoin, USDG, pegged to the US dollar and issued out of Singapore by Paxos.
In a statement released on November 5, blockchain infrastructure company Paxos announced that its newly created “open network” aims to promote the global adoption and utilization of stablecoins.
[1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) — an open network to accelerate and reward global stablecoin adoption. Additional partners include @Anchorage, @Bullish, @galaxyhq, @krakenfx, @Nuvei and .
