Huma has officially joined the Global Dollar Network (GDN), a coalition of leading fintech and crypto enterprises dedicated to accelerating stablecoin adoption through aligned incentives, regulatory clarity, and scalable global utility. The GDN is launched by Paxos and powered by USDG, a US dollar-backed stablecoin issued by Paxos Digital Singapore and compliant with the Monetary Authority of Singapore’s upcoming stablecoin regulatory framework.
USDG is available on multiple MAS-approved blockchains including Solana, Ethereum, and others, with Solana chosen as the preferred platform for its unmatched speed, efficiency, and scalability, supporting $3.5 to $4 billion in daily stablecoin volume. The network is designed to facilitate real-time, low-cost, and secure global money movement.
By joining GDN, Huma deepens its involvement in the growing PayFi sector, which leverages programmable stablecoins for applications such as cross-border payments and real-time settlements. Huma’s PayFi network has processed over $4.5 billion in payment-backed transactions, addressing a market exceeding $30 trillion annually.
The GDN model includes shared revenue incentives for partners who mint, hold, and transact USDG, lowering barriers to stablecoin adoption without requiring participants to issue their own tokens. Key members of GDN alongside Huma include Robinhood, Kraken, Anchorage, Nuvei, and Worldpay.
Huma’s integration with GDN is poised to strengthen global payment infrastructures by providing liquidity and credit solutions that improve money movement across borders. The network anticipates growth driven by regulatory clarity emerging from legislative initiatives like the GENIUS Act, which supports compliant stablecoin ecosystems.
Overall, this partnership marks a step forward in evolving global financial infrastructure, making stablecoins like USDG essential components powering the future of PayFi and programmable finance.