Global Dollar (USDG) stablecoin analytics
USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered.
Static Profile
Static stablecoin profile
Global Dollar (USDG) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
Paxos's USDG is the Singapore sequel under MAS supervision, with all-very-low-risk reserves at DBS and Standard Chartered and a dual-jurisdiction MiCA EU issuance no competitor matches. After Binance's BUSD died under regulatory fire, Paxos relocated its stablecoin ambitions to...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered
- Peg Mechanism
- Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA
- Jurisdiction
- Singapore / MAS / Major Payment Institution
- Proof Of Reserves
- Independent Audit by KPMG LLP Reserve source
Snippet Answer
Is USDG safe?
Pharos does not mark USDG as absolutely safe. Static metadata says Global Dollar uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KPMG LLP; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdg-paxos
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
USDG quick answers
What is Global Dollar (USDG)?
USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA
What backs USDG?
Pharos classifies USDG backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered Reserve evidence: Independent Audit from KPMG LLP.
Can USDG be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDG, when applicable, appear in the dossier below.