{"id":862678,"date":"2025-07-15T19:12:29","date_gmt":"2025-07-16T00:12:29","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/15\/okx-joins-global-dollar-network-to-boost-paxos-backed-usdg-stablecoin-access\/"},"modified":"2025-07-15T19:12:29","modified_gmt":"2025-07-16T00:12:29","slug":"okx-joins-global-dollar-network-to-boost-paxos-backed-usdg-stablecoin-access","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/15\/okx-joins-global-dollar-network-to-boost-paxos-backed-usdg-stablecoin-access\/","title":{"rendered":"OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access\u00a0"},"content":{"rendered":"<div><main id=\"genesis-content\"><\/p>\n<p>You are here: <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/\" itemprop=\"item\"><span itemprop=\"name\">Home<\/span><\/a><meta itemprop=\"position\" content=\"1\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/news\/\" itemprop=\"item\"><span itemprop=\"name\">News<\/span><\/a><meta itemprop=\"position\" content=\"2\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access\u00a0<\/p>\n<p><img loading=\"lazy\" width=\"1200\" height=\"628\" alt=\"okx\"  title=\"OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access\u00a0 1\" nitro-lazy-srcset=\"https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9.jpg 1200w, https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9-300x157.jpg 300w, https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9-1024x536.jpg 1024w, https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9-768x402.jpg 768w\" nitro-lazy-src=\"https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9.jpg\" decoding=\"async\" nitro-lazy-empty id=\"Mjc2OjE3MjU=-1\" src=\"https:\/\/cdn-ildpgcd.nitrocdn.com\/efbCEnmLZAQuozcnFDlkqUkHrTmjZZZa\/assets\/images\/optimized\/rev-8257d5b\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/exchange-traded-funds-9.jpg\" ><\/p>\n<article aria-label=\"OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access\u00a0\" itemscope itemtype=\"https:\/\/schema.org\/CreativeWork\">\n<div itemprop=\"text\">\n<ul>\n<li><strong>OKX\u2019s USDG integration enables 60M users to access and convert a regulated stablecoin at no cost.<\/strong><\/li>\n<li><strong>USDG is regulated in Singapore and Europe, boosting compliance and accessibility to global markets.\u00a0\u00a0<\/strong><\/li>\n<li><strong>Global Dollar Network\u2019s rewards model and OKX\u2019s reach may speed up stablecoin adoption worldwide.<\/strong><\/li>\n<\/ul>\n<p>Cryptocurrency exchange OKX has <a href=\"https:\/\/www.okx.com\/en-us\/learn\/okx-joins-global-dollar-network\" data-type=\"link\" data-id=\"https:\/\/www.okx.com\/en-us\/learn\/okx-joins-global-dollar-network\" target=\"_blank\" rel=\"noreferrer noopener\">joined the Global Dollar Network (GDN)<\/a> as a core partner. The Global Dollar Network was co-founded by Paxos, Robinhood, Kraken, Anchorage Digital, Galaxy Digital, Bullish, and Nuvei, and now includes over 30 partners such as Worldpay and others. The collaboration incorporates Global Dollar (USDG), a stablecoin pegged to the US dollar and backed by Paxos, into the OKX platform.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Welcome to Global Dollar Network. ????<\/p>\n<p>\u2014 Global Dollar Network ???? (@global_dollar) <a href=\"https:\/\/twitter.com\/global_dollar\/status\/1944753898151108743?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 14, 2025<\/a><\/p><\/blockquote>\n<p><template data-nitro-marker-id=\"372de9843891598aa58675a785cc4349-1\"><\/template> <\/div>\n<\/figure>\n<p>The integration allows over 60 million exchange users across 180 countries to access the Global Dollar and convert USDG to USD 1:1 at no cost. According to CoinGecko, USDG currently has a circulating supply of about 357 million tokens.<\/p>\n<p>The partnership is attributed to the rise in demand for stablecoins among retail and institutional clients. It also aligns with the exchange\u2019s vision for the industry, which is to achieve a compliant, trusted, and globally accessible stablecoin infrastructure.<\/p>\n<h2>Global Dollar Network\u2019s Growing Consortium and Regulatory Compliance<\/h2>\n<p>In contrast with traditional stablecoins, USDG applies a unique revenue-sharing model within the Global Dollar Network. Paxos shares up to 100% of USDG\u2019s revenues with <a href=\"https:\/\/www.tronweekly.com\/global-dollar-network-usdg-stablecoin-adoption\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.tronweekly.com\/global-dollar-network-usdg-stablecoin-adoption\/\" rel=\"noreferrer noopener\">Global Dollar Network partners<\/a>, in proportions depending on their efforts to promote adoption. This framework supports active partnership among participants and the adoption of the stablecoin into international markets.<\/p>\n<p>The Monetary Authority of Singapore and the Finnish Financial Supervisory Authority regulate USDG, ensuring compliance with major jurisdictions. Additionally, USDG was recently approved to be used in the European Union within the Markets in Crypto-Assets (MiCA) framework.\u00a0<\/p>\n<p>This growth assists OKX in its efforts to support USDG with customers in the EU and other countries. It supports seamless cross-border payments and decentralized finance access.<\/p>\n<p><strong>Also Read | <a href=\"https:\/\/www.tronweekly.com\/okx-set-to-join-u-s-ipo-wave-after-505m-doj-settlement\/\" target=\"_blank\" rel=\"noreferrer noopener\">OKX Set to Join U.S. IPO Wave After $505M DOJ Settlement\u00a0<\/a><\/strong><\/p>\n<h2>USDG Growth Amid Rising Stablecoin Market<\/h2>\n<p>The collaboration between OKX and GDN follows the growth in the stablecoin industry, which currently has a total market cap of over $263 billion. The analysts are optimistic about even greater expansion provided the international regulatory frameworks continue to evolve in support of digital asset adoption.<\/p>\n<p>\u201c<strong>Joining Global Dollar Network advances our mission to offer greater financial freedom to our customers,<\/strong>\u201d said Jeff Ren, founder of OKX Ventures. Ren emphasized that USDG will enable daily transactions, seamless trading, and access to decentralized finance (DeFi).<\/p>\n<p>Furthermore, stablecoins are in the spotlight of regulation in the U.S. The passage of the GENIUS Act, a bill by the U.S. Senate that authorizes banks to issue <a href=\"https:\/\/www.tronweekly.com\/stablecoins-253-7-billion-breakthrough-is\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.tronweekly.com\/stablecoins-253-7-billion-breakthrough-is\/\" rel=\"noreferrer noopener\">stablecoins<\/a>, has increased interest in the growing use of regulated digital dollars in mainstream finance.<\/p>\n<p><strong>Also Read | <a href=\"https:\/\/www.tronweekly.com\/binance-dominates-spot-futures-and-stablecoin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Binance Dominates Spot, Futures, and Stablecoin Trading in Early 2025<\/a><\/strong><\/p>\n<p><em><strong>Disclaimer<\/strong>:\u00a0This article is based on real-time market data and general technical observations. It does not constitute financial advice. Always conduct your own research before making investment\u00a0decisions.<\/em><\/p>\n<\/p><\/div>\n<p><\/main><\/div>\n<p><a href=\"https:\/\/www.tronweekly.com\/okx-join-global-dollar-network-stablecoin-usdg\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Sheila<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are here: Home \/ News \/ OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access\u00a0 OKX\u2019s USDG integration enables 60M users to access and convert a regulated stablecoin at no cost. USDG is regulated in Singapore and Europe, boosting compliance and accessibility to global markets.\u00a0\u00a0 Global Dollar Network\u2019s rewards model and OKX\u2019s<\/p>\n","protected":false},"author":1,"featured_media":862679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1424,1469],"tags":[],"class_list":{"0":"post-862678","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-global","8":"category-joins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/862678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=862678"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/862678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/862679"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=862678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=862678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=862678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}