Mantle, the open financial network focused on connecting global market participants to institutional-grade capital market assets on-chain, announced on September 3, 2026, that USDG is now live on Mantle as one of the first natively minted stablecoins on the network. The integration makes Mantle a Network Partner of the Global Dollar Network, which has grown to more than 150 partners and surpassed $3.5 billion in USDG circulation.
Unlike standard stablecoin integrations where the issuer retains the economics, Mantle joins GDN as a Network Participant within its reward-sharing structure. This places Mantle alongside partners including Robinhood and Kraken in a system built to share rewards with the partners who drive adoption. USDG is issued by Paxos and is among the few regulated dollar stablecoins operating under dual regulatory oversight from Singapore's Monetary Authority and the European Union's MiCA framework.
USDG strengthens Mantle's existing institutional-grade asset lineup, which already includes AUSD by Agora, USDe by Ethena, USDY by Ondo, and USDT0 by Tether. Mantle's stablecoin TVL has crossed $982 million, while its real-world asset TVL grew from roughly $22 million to approximately $240 million over the past year. The ecosystem now includes more than 700 tokenized assets spanning equities, ETFs, commodities, treasuries, and asset-backed credit.
Emily Bao, Key Advisor at Mantle and Head of Spot at Bybit, said: "Joining Global Dollar Network and bringing USDG onto Mantle puts us inside a more active economic system. Our builders and partners now have a settlement asset they can trust as we bring more of the world's financial products onto the network."
Walter Hessert, Head of Strategy at Paxos, added that native USDG issuance places a regulated dollar at the center of the ecosystem and allows Mantle to share in the upside it helps create.
