NEW YORK July 1, 2026– Global Dollar Network (GDN) is excited to announce that Global Dollar (USDG) is now available on Robinhood Chain, an EVM layer 2 built on Arbitrum and purpose-built for tokenized real-world assets and onchain financial services. This launch makes USDG the first stablecoin natively issued on Robinhood Chain, bringing a trusted, regulated stablecoin to one of the most anticipated new chains in onchain finance.

USDG also will become the default lending asset in Robinhood's new onchain, self-custodial Robinhood Earn product, where customers can utilize USDG and earn rewards through curated vaults. Deposited US dollars convert to USDG and flow into leading DeFi protocols to put those deposits to work and maximize returns from onchain activity. 

For users and developers on Robinhood Chain, USDG provides a reserve-backed dollar for settlement, liquidity, and onchain financial services, combining fast, low-cost, 24/7 transactions with reward-sharing for the network participants who drive adoption¹.

Issued by Paxos, USDG was built with distinct features to serve demanding onchain environments like Robinhood Chain:

• 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.

• Native performance: USDG is issued natively on Robinhood Chain while maintaining Ethereum compatibility for broader accessibility. USDG is also available on Solana, Ink, and X Layer.

• Trusted and transparent: Paxos publishes monthly reserve reports for all Paxos-issued stablecoins, including USDG, to ensure full transparency and reliability of financial data.

• USDG powers Global Dollar Network: GDN is the world's fastest-growing stablecoin network with unmatched economic upside.

This launch advances Global Dollar Network's vision of a regulated stablecoin built to power all enterprise use cases, including onchain finance. Robinhood Chain's speed and Ethereum-grade security, combined with Robinhood's broad reach and USDG’s transparent economics, create powerful new opportunities across tokenized assets, trading, and DeFi.

“USDG brings a trusted, fully reserve-backed dollar to Robinhood Chain, helping power the next generation of onchain financial services for our customers and developers. As we expand access to tokenized assets and self-custodial crypto products, regulated stablecoins like USDG will play an important role in making onchain finance more reliable, useful, and accessible.”

 Gaëtan Thabot, Director of Partnerships at Robinhood Crypto

About Global Dollar Network

Global Dollar Network is the world’s fastest growing stablecoin network with unmatched economic upside. Powered by Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, Global Dollar Network offers a transparent and equitable economic model that rewards partners for their contributions. Global Dollar Network partners include industry leaders such as Bullish, Kraken, Mastercard, OKX, Paxos, Robinhood, Worldpay and more.

About USDG in the EU

Paxos issues USDG in the EU through Paxos Issuance Europe OY ("PIE"). USDG is fully redeemable from Paxos on a one-to-one basis for U.S. dollars. All USDG token holders in the EU have a right of redemption against PIE at any time and at par value for USDG. Further information is available at paxos.com/eu, and the EU USDG White Paper is available at www.paxos.com/terms-and-conditions/usdg-eu-whitepaper. 

Contact information:

Email: support@paxos.com

Telephone: +358 4549 00 361

Note: USDG is available on Ethereum, Solana, Ink, X Layer and Robinhood Chain.

Footnotes:

¹ Subject to applicable jurisdictional restrictions including any restrictions imposed in the EU.