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GATE, one of the world’s leading crypto exchanges, has announced its official participation in the Global Dollar Network (GDN), an open network designed to accelerate the adoption of Stablecoin around the world.
GATE integrates support for USDG, a stablecoin awarded in USD, making it accessible to 34 million users. GATE’s entry into the Global Dollar Network Alliance is more than just adopting a single Stablecoin. This demonstrates a broader strategic commitment to exploring new frontiers with Payfi.
USDG now has a global user base of Gate across Ethereum, Solana and Ink blockchains. The USDG is issued by Paxos Digital Singapore, the leading payment agency overseen by Singapore’s monetary authority, 1:1, fully supported by US dollars or equivalent liquid assets. It is also published by Paxos Issuance Europe under the supervision of the FIN FSA and in compliance with MICA. GATE remains committed to providing robust regulatory compliance and financial transparency. By integrating USDG, GATE advances its mission to promote financial inclusiveness by bridging centralized and decentralized infrastructure. The move also supports GATE’s broader strategy to enable seamless cross-border payments and builds infrastructure for a resilient global PayFi economy.
“This partnership reflects GATE’s continued commitment to regulatory-compliant innovation and digital asset infrastructure,” said Dr. Han, founder and CEO of Gate. “USDG will play a pivotal role in enhancing the power of next-generation global payments, trading, and PAYFI access. We are excited to deepen USDG integration across the GATE ecosystem in the coming months.”
On behalf of the Global Dollar Network, Nick Robnett, Head of Crypto Business Development at Pax, said: “We are proud to welcome gates to the Global Dollar Network. Their participation will strengthen our collective mission to accelerate the adoption of safe and reliable stubcoin, enhancing access to a transparent, transparent financial ecosystem and enhancing users around the world.”
The Global Dollar Network is one of the fastest growing Stablecoin networks in the world and is built on a sustainable economic model. Reward partners based on their contributions through a unique framework that distributes network revenues to members. Unlike traditional stable coins, the Global Dollar Network promotes collaboration and encourages widespread adoption.
Stablecoins are evolving rapidly, and it is important that ecosystems respond to the growing demand for innovative options. The strong stability of USDG makes it one of the most reliable stub coins in the world. Gate is standing with industry leaders at this pivotal moment and is proud to help accelerated adoption of Stablecoins around the world.
About the gate
Founded in 2013 by Dr. Han, Gate is one of the world’s earliest cryptocurrency exchanges. The platform serves more than 34 million users with over 3,600 digital assets, and has pioneered the industry’s first 100% absorption certificate. Beyond core trading services, Gate’s Ecosystem includes Gate Wallet, Gate Ventures and other innovative solutions.
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About the Global Dollar Network
The Global Dollar Network is the world’s fastest growing Stablecoin network with unparalleled economic benefits. Powered by Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issance Europe, the Global Dollar Network offers a transparent and fair economic model that rewards partners for their contributions. Global Dollar Network Partners include industry leaders such as Anchorage Digital, Bullish, Kraken, Okx, Paxos, Robinhood, and WorldPay.
Note: USDG is available at Solana, Ink and Ethereum.
Disclaimer: The content hereof does not constitute an offer, solicitation or recommendation. You should always seek the advice of an independent expert before making an investment decision. The products and/or services listed here are only available to persons outside of Singapore. GATE does not advertise or offer products or services in Singapore or other restricted locations. Please note that GATE may restrict or prohibit the use of all or part of the Service from restricted locations. Read the User Agreement for more information.
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