Seven leading crypto companies introduce USDG, a new Singapore-based regulated stablecoin. Trading begins on major platforms with DBS Bank managing reserves.

Anybody can join the Global Dollar Network and accrue rewards for activity. We're distributing something like 97% of the economics. That's a big difference from how other stablecoins have been set up and created to date.

Seven major crypto companies launched USDG, a Singapore-based stablecoin that will share 97% of reserve earnings with network participants while competing against established players Tether and USDC.

A group of major crypto players have jointly launched $USDG, a new stablecoin under the Global Dollar Network that should "revolutionize" the stablecoin ecosystem and set high standards for compliance.

The stablecoin issuer Paxos partnered with the crypto exchange Kraken, the retail trading giant Robinhood and a handful of other digital asset firms to launch a new stablecoin network for enterprises.

Robinhood, Kraken, and Paxos launch the Global Dollar Network with USDG, a compliant stablecoin offering yield incentives for adoption.

A group of leading fintech and cryptocurrency firms, including Robinhood, Kraken, and Paxos, has launched the Global Dollar Network, a new initiative aimed at accelerating global adoption of stablecoins.

A consortium of leading cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has announced the launch of a new stablecoin network aimed at promoting the global adoption of stablecoins pegged to the United States dollar.