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View ChartGlobal Dollar (USDG) is a regulated, fully-backed stablecoin issued by Paxos, designed to combine the stability of the U.S. dollar with the efficiency of blockchain technology.
Global Dollar (USDG) is a fiat-collateralized stablecoin that maintains a stable value pegged to the U.S. dollar, issued under strict regulatory oversight.
| Item | Details |
|---|---|
| Name (Ticker) | Global Dollar (USDG) |
| Alternative Names | USDG Stablecoin |
| Consensus Mechanism | Centralized Issuance (Paxos) |
| Smart Contracts | Supported (EVM-compatible chains, Solana). Issued via Paxos-controlled smart contract addresses. |
| Category | Stablecoin |
| Hash Algorithm | Varies by underlying blockchain (e.g., Keccak-256 for Ethereum) |
| Block Reward | Not Applicable |
| Max Supply | Uncapped (Supply adjusts based on demand and reserve holdings) |
| TPS | Dependent on the underlying blockchain (Ethereum, Solana, etc.) |
| Scaling Solution | Layer 2 networks and high-throughput blockchains like Solana |
| Blockchain | Multi-chain (Primarily Ethereum, Solana) |
Global Dollar (USDG) was created and is issued by Paxos, a leading regulated blockchain infrastructure platform. Paxos is a financial technology company chartered and regulated by the New York State Department of Financial Services (NYDFS). The company specializes in building solutions to enable the movement of assets instantaneously and operates with a focus on compliance and security. The creation of USDG is part of Paxos's broader mission to modernize the financial system by tokenizing and mobilizing assets on open, public blockchains. The stablecoin is designed to meet the demands of institutional and retail users seeking a trustworthy, transparent, and regulated digital dollar.
USDG operates on a simple and transparent model to maintain its 1:1 peg with the U.S. dollar.
USDG distinguishes itself in the crowded stablecoin market through its strong regulatory foundation and institutional-grade operational framework.
USDG serves as a digital representation of the U.S. dollar, enabling various use cases within the crypto economy.
The USDG ecosystem is growing through strategic partnerships and integrations that expand its utility and accessibility.
USDG cannot be mined. It is a centrally issued, fiat-collateralized stablecoin. New USDG tokens are only created through the official minting process when users deposit U.S. dollars with Paxos. There is no proof-of-work or proof-of-stake mechanism involved in its creation. The total supply is managed by Paxos based on user demand and the corresponding reserves held in custody.
Securing your USDG involves safeguarding the private keys to the wallet where the tokens are stored.
USDG is a popular stablecoin listed on many exchanges. However, it is recommended to trade on a major platform like BTCC Exchange for higher liquidity and better customer support.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for USDG are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
Global Dollar (USDG) does not run a staking or consensus mechanism. It is a centrally issued ERC-20 stablecoin minted and burned by Paxos, the trusted party backing the token with US dollar reserves. There is no mining, no validator set, and no staking yield native to USDG itself.
Supply is managed through a mint-and-burn model. When a partner or institutional user deposits USD, Paxos mints an equivalent amount of USDG. When they redeem, Paxos burns the tokens and returns USD. This keeps circulating supply aligned with real demand and reserves, so USDG is not subject to inflationary issuance like proof-of-stake or proof-of-work assets.
Because USDG targets a 1:1 peg to the US dollar, supply changes do not drive price discovery the way they do for volatile crypto assets. Instead, minting and burning absorb demand shocks and keep the market price close to $1, with arbitrage and 24/7 redemption at par reinforcing the peg.
Global Dollar (USDG) launched natively on Ethereum and has expanded to Solana, Ink, X Layer, Mantle, and Robinhood Chain, an EVM-compatible layer 2 built on Arbitrum. In November 2025, Paxos Labs and LayerZero launched USDG0, an omnichain version built on the Omnichain Fungible Token standard, extending USDG to chains where Paxos does not yet offer native issuance, starting with Hyperliquid, Plume, and Aptos.
This multichain footprint lowers gas costs and settlement friction for users. On high-throughput chains like Solana and L2s such as Robinhood Chain and Mantle, transfers and DeFi interactions become cheaper and faster, which makes USDG more practical for payments, trading, and cross-chain swaps.
Lower fees and broader availability tend to increase DeFi adoption: more liquidity pools, lending markets, and payment rails can integrate USDG. For a stablecoin, that growth supports utility and circulation rather than price appreciation, since USDG is designed to hold a stable 1:1 value against the US dollar.
A spot Global Dollar (USDG) ETF would be a regulated fund holding actual USDG tokens, giving traditional investors exposure through brokerage accounts rather than crypto-native wallets. Because USDG is a dollar-pegged stablecoin, such a product would function more like a tokenized cash or money-market vehicle than a volatile equity ETF.
Rising institutional adoption, including integrations with partners such as Mastercard, DBS Bank, OKX, Gemini, KuCoin, Worldpay, and Bitpanda, expands USDG's liquidity and legitimacy. Sustained inflows would deepen order books, widen acceptance across payments and settlement, and reinforce the 1:1 peg through larger reserve backing and more 24/7 redemption activity.
For market share, institutional traction matters more than price upside. USDG competes with USDC and USDT partly through its revenue-sharing model, which returns reserve economics to partners. Greater institutional participation could lift circulation and adoption, but USDG's price is expected to stay near $1 by design.
Global Dollar (USDG) is a regulated, dollar-pegged stablecoin issued by Paxos Digital Singapore under MAS supervision, with a separate EU entity regulated by FIN-FSA under MiCA. USDC and USDT are the incumbent stablecoins, and the main structural difference is economics: Circle and Tether largely retain reserve yield, while USDG shares reserve returns with the platforms that drive adoption through the Global Dollar Network.
| Dimension | Global Dollar (USDG) | USDC / USDT |
|---|---|---|
| Core Positioning | Regulated global stablecoin with partner revenue sharing | Established stablecoins with broad liquidity |
| Supply Model | Mint-and-burn by Paxos, 1:1 USD backing | Mint-and-burn by issuer, 1:1 USD backing |
| Consensus | None, centrally issued ERC-20 and multichain | None, centrally issued multichain tokens |
| Main Use Cases | Payments, trading, on-chain settlement, DeFi | Payments, trading, DeFi liquidity |
For traders, USDT and USDC usually offer deeper market depth, while USDG offers regulatory clarity and partner incentives. The better choice depends on the venue, the trading pair, and the user's compliance needs.
On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to USDG/USDT perpetual contracts before or after opening a position. Because USDG is a dollar-pegged stablecoin, its price moves are usually small, so tight risk controls and modest leverage matter.
Always confirm margin mode and leverage before submitting, and review open orders after any partial fill.
The current price of Global Dollar (USDG) is $0.999903, with a market cap of $3.245254B and 24h trading volume of $782.387037M. The circulating supply is 3.25B (max supply ∞).
USDG is a dollar-pegged stablecoin, so its price is designed to stay close to $1 rather than move with volatile crypto markets. Market cap reflects the total value of circulating tokens, while 24h volume shows how actively USDG is traded across exchanges and on-chain venues.
For live pricing, order book depth, and funding rates, visit the USDG/USDT perpetual contract page on BTCC. The live order book updates in real time and helps you plan entries, exits, and stop-loss levels around actual liquidity.
Global Dollar (USDG) is a fully backed stablecoin redeemable 1:1 for US dollars, so its price is anchored near $1 by reserves, arbitrage, and 24/7 redemption at par. Several layers still influence demand and circulation:
Because USDG is backed 1:1 by cash and short-term US Treasury equivalents in segregated accounts, these drivers mainly affect circulation and adoption, not the peg itself.
The all-time high of Global Dollar (USDG) is $1.59768, reached on 2024-11-11 23:00; the all-time low is $0.616687, recorded on 2024-12-07 20:15.
These extremes reflect early-market dislocations rather than the intended peg. As a dollar-backed stablecoin, USDG is designed to trade close to $1, supported by 1:1 reserves, 24/7 redemption at par, and arbitrage across venues. Short-term deviations can still occur during thin liquidity, listing events, or rapid market stress.
To inspect the full-cycle chart, including historical highs, lows, and volume, open the USDG/USDT page on BTCC. Reviewing the long-term chart helps traders understand how quickly USDG returns to its peg after volatility and where liquidity tends to concentrate.
Reading a Global Dollar (USDG) candlestick chart starts with the anatomy of each candle. The body shows the open and close, while the wicks show the high and low of the period. A long body signals strong directional pressure; long wicks suggest rejection at those levels.
Because USDG is a stablecoin, ranges are usually narrow, so combine these tools with low leverage and strict risk controls on BTCC.
You can short Global Dollar (USDG) without holding spot tokens by using BTCC USDG/USDT perpetual contracts. Open a short position at a higher price, then close it by buying back at a lower price to lock in the price-difference profit.
This gives traders a two-way opportunity. In bearish or pullback phases, a short can capture downside moves that a spot-only holder would miss. Because USDG is a dollar-pegged stablecoin, price deviations are usually small, so position sizing, leverage, and stop-loss placement are especially important.
On BTCC, you can set stop-loss and take-profit orders directly on the USDG/USDT perpetual contract page, and use a trailing stop to protect gains as price moves in your favor. Always confirm margin mode and leverage before opening a short, and monitor funding rates for extended holds.
Yes. BTCC offers flexible leverage on Global Dollar (USDG) perpetual contracts, up to 50x on the USDG/USDT pair, subject to platform risk rules and position limits. Higher leverage lets you control a larger position with less margin, but it magnifies both gains and losses.
Because USDG is a dollar-pegged stablecoin, its price typically moves in a narrow range. That makes risk management critical: a small adverse move can trigger liquidation at high leverage. Beginners should start at 2x to 10x and always use a strict stop-loss.
On BTCC, you can adjust leverage before opening a position, switch margin modes, and attach stop-loss and take-profit orders in the same ticket. Practicing on a demo account first is a safe way to test leverage settings with real USDG market data before risking real funds.
After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, for example 100,000 USDT, to practice in a risk-free environment. The demo account uses real Global Dollar (USDG) market data, so prices, order books, and funding behavior mirror the live market.
In demo mode you can practice leverage adjustment, margin modes, order placement, and take-profit or stop-loss settings on USDG/USDT perpetual contracts. This helps you build familiarity with the interface and test strategies without risking capital.
Once you are comfortable, complete KYC, deposit USDT, and move to live trading with a small position size. Keep using strict stop-losses and modest leverage, since demo results do not guarantee live performance.
Getting started with Global Dollar (USDG) on BTCC follows a simple flow:
Because USDG is a dollar-pegged stablecoin, its price stays close to $1, so most traders use it for low-volatility strategies, hedging, or as collateral rather than for large directional bets. Start with modest leverage, such as 2x to 10x, and always attach a stop-loss.
If you are new to derivatives, use the BTCC demo account first to practice the full flow with virtual funds and real USDG market data before trading live.
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