TLDR Crypto · INNOVATION & LAUNCHES
OKX JOINS GLOBAL DOLLAR NETWORK, ADDS PAXOS' USDG STABLECOIN
Summary from the TLDR Crypto newsletter
OKX has joined the Global Dollar Network (GDN) and integrated USDG, a yield-sharing, fully backed stablecoin issued by Paxos, now live on Ethereum, Solana, and Ink. With $357M USDG in circulation, GDN incentivizes adoption by redistributing stablecoin revenues to ecosystem partners, setting it apart from USDC and USDT. OKX's 60M users can now access USDG with free 1:1 USD conversions, as regulatory clarity grows with the GENIUS Act advancing in the U.S. House.