Paxos Rolls Out MiCA-Compliant USDG Stablecoin: Here are the details

TL;DR Paxos launched USDG in the European Union after securing regulatory approval and meeting MiCA requirements. The stablecoin is backed by multiple banks. USDG operates on Ethereum, Solana, and Ink, and is now available on Kraken, Gate, Coinmetro, and SwissBorg, under the supervision of authorities in Finland and Singapore. It’s part of the Global Dollar. . . source: https://crypto-economy.com/paxos-rolls-out-mica-compliant-usdg-stablecoin-here-are-the-details/