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Robinhood, Kraken, and Paxos Spearhead New Global Dollar Stablecoin Initiative
A consortium of leading cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has announced the launch of a new stablecoin network aimed at promoting the global adoption of stablecoins pegged to the United States dollar.
Crypto giants launch global dollar network with new 'stablecoin'
A group of leading fintech and cryptocurrency firms, including Robinhood, Kraken, and Paxos, has launched the Global Dollar Network, a new initiative aimed at accelerating global adoption of stablecoins.
Seven crypto giants launch Global Dollar (USDG) to accelerate stablecoin adoption
Major crypto firms united to introduce the Global Dollar (USDG) stablecoin, which will streamline the stablecoin landscape and accelerate adoption. The USDG will use nearly 100% of the revenue generated from its reserve assets to reward network partners rather than the issuer.
Robinhood, Kraken, Galaxy, Other Crypto Firms Launch Global Stablecoin Network
A group of major crypto players have jointly launched $USDG, a new stablecoin under the Global Dollar Network that should "revolutionize" the stablecoin ecosystem and set high standards for compliance.
Robinhood and Kraken launch new global stablecoin network with Paxos's USDG
Robinhood, Kraken, and Paxos launch the Global Dollar Network with USDG, a compliant stablecoin offering yield incentives for adoption.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin
Crypto firms including Robinhood, Kraken launch global stablecoin network
A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.
Impacts
15h
Felix Honigwachs shares Digital Wallet Growth and Contactless Payments: The Surge in Global Adoption
In recent years, digital wallets and contactless payments have become two of the most revolutionary forces in the fintech ...
globalgovernmentforum.com
23h
As digital ID adoption grows, government leaders share lessons learned and future plans
The revision of eIDAS, known as eIDAS 2.0, introduces the European Digital Identity (EUDI) Wallet, which allows users to ...
Arabian Business
4h
Binance CEO Richard Teng on the future for crypto, growing pains, and running a multi-billion dollar global company
Today, Binance has 230 million users around the world, and of that figure, a staggering 50 million were added only this year ...
3d
Global Summit on Nature Adopts a Novel Way to Pay for Conservation
Delegates at the U.N. talks created a system that would compensate countries for the use of genetic information but failed to ...
business
7h
Adopt AI to leapfrog conventional operations – SSTN urges businesses
By Ernest Bako WUBONTO President-Stanford Seed Transformation Network (SSTN), Carl F. Richards, has urged businesses in ...
1d
Global Distribution Transformers Market Set for Significant Growth, Projected to Reach USD 49.4 Billion by 2033 | Future Market Insights Inc.
The Europe Distribution Transformers Market is driven by increasing electricity demand and technological upgrades, ...
18h
Ballard Power Reports 45% Revenue Decline Amid Slowing Hydrogen Adoption, Shares Dip
BLDP declined as Q3 results miss estimates, revenue fell 45% Y/Y due to weak demand for hydrogen and PEM fuel cells. Total ...
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