Built better, built safer
Access a trusted, secure and global stablecoin
Fully backed 1:1
Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos* on a one-to-one basis for US dollars.
Brought to you by a regulated, experienced stablecoin issuer
Paxos is a global leader in stablecoin issuance, having minted over $160B in stablecoins since 2018 with oversight from top regulatory regimes around the world.
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Monthly reserve reports
Paxos publishes monthly reserve reports for all Paxos-issued stablecoins, including USDG, to ensure full transparency and reliability of financial data.
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Developer toolkit
Blockchain availability
The USDG token is deployed on Solana, Ink and Ethereum. Expansion to new permissionless layer 1 and layer 2 blockchains will occur as they are approved by MAS.

Testnet faucet
Built for developers. No fees, permissionless and easy to use. Available for all Paxos-issued stablecoins.
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Paxos Digital Singapore Pte. Ltd. (PDS), the entity issuing USDG, is a Major Payments Institution supervised by the Monetary Authority of Singapore.
Paxos has years of experience as a stablecoin issuer, having minted over $160B in stablecoin since 2018 and is regulated by top regulatory regimes. In 2015, the New York State Department of Financial Services granted Paxos Trust Company, LLC (PTC) a limited purpose trust charter and continues to regulate PTC, the issuer of USDP and PYUSD stablecoins, under New York banking law.
In 2024, Paxos International received a Financial Service Permission from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to issue US dollar-backed stablecoins, and currently issues Lift Dollar (USDL). Note: Lift Dollar (USDL) exists to open access to US dollars that earn yield safely, but it is not available to residents of the US and other countries.
Paxos has been a stablecoin issuer since 2018.
Paxos is authorized to issue stablecoins in the US, UAE, Singapore and EU.
Total issuance (and counting).