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Global Dollar Network adds 19 new members to promote USDG stablecoin adoption
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The Global Dollar Network (GDN), initiated by Paxos, Robinhood, and others, announced the addition of 19 new member institutions, aiming to expand the global adoption of its Solana-based stablecoin USDG. The current circulation of USDG is approximately $285 million, issued by Paxos Digital Singapore, and it largely complies with Singapore's upcoming stablecoin regulatory framework.
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