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Paxos Launches Stablecoin USDG Across Europe, Intensifying Competition with Circle

2025/07/02 14:33 (Updated 2025/07/03 06:01)
CoinPost
Written by A.Yamada
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Paxos Launches Stablecoin USDG Across Europe, Intensifying Competition with Circle

USDG Offered in 30 Countries

Paxos, a US-based cryptocurrency-related company, announced on the first of the month that it has issued the US dollar-denominated stablecoin 'Global Dollar (USDG)' for users throughout Europe (EU). With this launch, USDG is now accessible in 30 countries and complies with the EU's cryptocurrency regulations, known as MiCA. USDG is supported by the Global Dollar Network (GDN), an open and decentralized network involving participants such as Anchorage Digital, Galaxy Digital, Kraken, Robinhood, and Paxos itself.

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.