Gate.io, a leading cryptocurrency exchange with over 34 million users, has officially joined the Global Dollar Network (GDN) as a first-tier partner to drive worldwide stablecoin adoption. The integration makes USDG – a US dollar-pegged stablecoin fully backed 1:1 by reserves – accessible across Gate's platform via Ethereum, Solana, and Ink blockchains.
USDG is issued by Paxos Digital Singapore (regulated by the Monetary Authority of Singapore) and Paxos Issuance Europe (compliant with MiCA and supervised by FIN FSA). Dr. Han, Gate's Founder and CEO, emphasized this move underscores their commitment to regulatory-compliant innovation and bridging centralized/decentralized finance: "USDG will power next-generation global payments, trading, and PayFi access."
Nick Robnett of Paxos stated Gate's participation strengthens GDN's mission to accelerate secure, trusted stablecoin adoption through its unique revenue-sharing model that rewards partners. The network includes industry leaders like Kraken, OKX, and Robinhood.
