Global Dollar Network (GDN) adds 19 new partners, increasing its membership to over 25 companies, aiming to promote the adoption of USDG stablecoin among 42 million users.
USDG operates on Solana blockchain, offering fast, low-cost, and secure stablecoin transactions and abides by Singapore's upcoming stablecoin regulations.
GDN incentivizes partners with revenue sharing and a unique structure to encourage real-world use cases like cross-border payments, remittance, and treasury management, aiming to accelerate stablecoin network growth.
The stablecoin market has seen significant growth, and GDN's model opens doors for widespread adoption of USDG, expecting substantial supply growth by the end of the year, with plans to expand globally and enhance USDG's capabilities.