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OKX Joins Global Dollar Network to Boost Paxos-Backed USDG Stablecoin Access 

  • OKX has integrated with the Global Dollar Network (GDN) to provide access to and conversion of the Paxos-backed USDG stablecoin for its 60 million users across 180 countries at no cost.
  • USDG is regulated in Singapore and Europe, enhancing compliance and global market accessibility, with a unique revenue-sharing model within the GDN that supports active partnership among participants.
  • The collaboration between OKX and GDN aims to accelerate stablecoin adoption worldwide, aligning with the rising demand for stablecoins among retail and institutional clients.
  • The total stablecoin market cap exceeds $263 billion, indicating significant growth. OKX's partnership with GDN reflects the industry's evolution and potential for further expansion, facilitated by increasing regulatory frameworks supporting digital asset adoption.

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