The European crypto landscape has taken a major leap forward with the official launch of USDG, a fully regulated stablecoin issued by Paxos. Now available across 30 European Union countries, USDG marks a pivotal development in the region’s journey toward a modern, compliant digital financial ecosystem. Backed by the Global Dollar Network (GDN) and adhering to strict regulatory frameworks including the EU’s Markets in Crypto-Assets (MiCA) regulation, USDG is positioned to become a cornerstone of trusted digital transactions across Europe and beyond.
This expansion brings USDG within reach of over 450 million consumers, unlocking seamless access to a stable, transparent, and globally interoperable digital dollar. The stablecoin is issued through Paxos Issuance Europe, which operates under the supervision of the Finnish Financial Supervisory Authority (FIN-FSA), ensuring full compliance with MiCA's rigorous requirements for reserve transparency, consumer protection, and operational integrity.
Regulatory Compliance at the Core
One of the defining strengths of USDG is its multijurisdictional regulatory foundation. In addition to MiCA compliance in Europe, USDG issuance through Paxos Digital Singapore Pte. Ltd. has been substantially aligned with the upcoming stablecoin framework from the Monetary Authority of Singapore (MAS). Paxos remains in active consultation with MAS to ensure ongoing compliance as regulations evolve, guaranteeing that USDG will always be redeemable at par—no matter where users are located.
👉 Discover how regulated stablecoins are shaping the future of global finance.
This dual-regulatory approach underscores Paxos’ leadership in building blockchain infrastructure that meets the highest standards of financial oversight. As a prudentially regulated entity across multiple jurisdictions—including New York (NYDFS), Abu Dhabi (FSRA), and now the EU—Paxos reinforces trust in digital assets by combining innovation with accountability.
Powering the Global Dollar Network
USDG isn’t just another stablecoin—it’s the engine behind the Global Dollar Network (GDN), an open, distributed network of leading financial and fintech institutions committed to accelerating stablecoin adoption worldwide. Founded by industry heavyweights including Anchorage Digital, Kraken, Robinhood, Nuvei, Galaxy Digital, and Paxos itself, GDN fosters collaboration among partners to expand real-world use cases for stablecoins.
The network operates on a transparent economic model that rewards participants for driving adoption, creating a self-sustaining ecosystem where value flows back to those who contribute. Recent strategic additions like Mastercard and Fiserv have further amplified GDN’s reach, integrating USDG into broader payment rails and enterprise financial systems.
Seamless Integration Across Platforms and Blockchains
For users and institutions alike, accessibility is key—and USDG delivers. The stablecoin is natively available on high-performance blockchains including Solana, Ethereum, and Ink, ensuring fast settlements, low transaction costs, and broad interoperability. This multi-chain presence allows developers, merchants, and financial platforms to integrate USDG efficiently into wallets, exchanges, payment gateways, and DeFi applications.
Leading platforms such as Kraken, Gate, Coinmetro, SwissBorg, Zodia Custody, Orbital, HiFi, and Bitnet already support USDG, offering consumers trusted avenues to buy, hold, and transact with the stablecoin. These partnerships reflect growing confidence in USDG’s regulatory standing and utility.
Mark Greenberg, Global Head of Consumer at Kraken, emphasized that “stablecoins are core infrastructure for the future of global finance.” He added that USDG’s expanding ecosystem and compliance profile make it an essential tool for clients navigating the digital economy—especially as more users demand fast, low-cost cross-border payments.
Real-World Utility and Financial Inclusion
Beyond speculation or trading, USDG is designed for practical financial use. From instant cross-border remittances to frictionless e-commerce payments and institutional settlements, its stability and regulatory clarity make it ideal for everyday transactions. By connecting traditional finance with blockchain innovation, USDG helps bridge gaps in financial inclusion—particularly for unbanked or underbanked populations within the EU and globally.
Enterprises benefit too. With partners like Worldpay and Nuvei integrating USDG into their payment stacks, businesses can now accept digital dollars with confidence, knowing they’re backed by regulated reserves and governed by clear legal frameworks.
👉 Learn how businesses are adopting digital dollars for faster global payments.
A Trusted Name in Blockchain Innovation
Paxos has long been at the forefront of regulated tokenization. As the issuer of well-known digital assets like PayPal USD (PYUSD), Pax Dollar (USDP), and Pax Gold (PAXG), the company has established a reputation for combining innovation with compliance. Its affiliate, Paxos International, also issues Lift Dollar (USDL), a yield-bearing regulated stablecoin—further demonstrating its commitment to evolving digital asset solutions.
With over $500 million in funding from top-tier investors and partnerships with giants like PayPal, Interactive Brokers, Mercado Libre, and Nubank, Paxos continues to redefine how assets move in the digital age. Its mission: to replatform finance so that value can flow instantly, securely, and transparently anywhere in the world.
Frequently Asked Questions
Q: What is USDG?
A: USDG is a regulated stablecoin issued by Paxos, pegged 1:1 to the US dollar. It operates under MiCA in Europe and is supervised by FIN-FSA and MAS in Singapore.
Q: Where can I use USDG?
A: USDG is available across 30 EU countries and supported on major platforms like Kraken, Gate, SwissBorg, and Zodia Custody. It runs on Solana, Ethereum, and Ink blockchains.
Q: Is USDG safe and compliant?
A: Yes. USDG is fully compliant with MiCA and substantially aligned with MAS regulations. Reserves are held with trusted banking partners in Europe and Singapore.
Q: How does USDG differ from other stablecoins?
A: USDG stands out due to its dual regulatory oversight (EU and Singapore), integration into the Global Dollar Network, and strong backing from leading financial institutions.
Q: Can businesses adopt USDG for payments?
A: Absolutely. Companies like Worldpay and Nuvei are already integrating USDG into their systems for faster, cheaper cross-border transactions.
Q: Who regulates Paxos?
A: Paxos is regulated by multiple authorities worldwide, including NYDFS (USA), FIN-FSA (Finland), MAS (Singapore), and FSRA (Abu Dhabi).
As digital finance evolves, regulated innovations like USDG are setting new benchmarks for trust, efficiency, and global access. With its EU rollout now live, Paxos is not just expanding a product—it’s advancing a vision of finance that’s open, compliant, and built for the future.
👉 Explore how next-gen stablecoins are transforming global transactions today.