The post OKX Partners with Global Dollar Network to Boost USDG Adoption appeared on BitcoinEthereumNews.com.

Terrill Dicki
Jul 15, 2025 10:51

OKX joins Global Dollar Network as a core partner, promoting the adoption of USDG stablecoin across 180 countries, enhancing cross-border payments and DeFi access.

In a strategic move to enhance its global reach and offer more financial solutions, OKX has joined the Global Dollar Network as a core partner. This partnership, announced by the Global Dollar Network on July 14, 2025, integrates the US dollar-pegged stablecoin USDG into the OKX platform, expanding its availability to over 60 million users across 180 countries. This development allows OKX users to convert USDG to USD at no cost, with future enhancements anticipated. Expanding Financial Inclusivity The integration of USDG underscores a mutual commitment between OKX and Global Dollar Network to foster greater inclusivity in the global financial landscape. With USDG now available in the European Union and compliant with the Markets in Crypto-Assets (MiCA) regulation, OKX is poised to support its European user base by facilitating seamless cross-border payments and providing a reliable stablecoin infrastructure. Walter Hessert, Head of Strategy at Paxos, praised OKX’s role in digital finance, emphasizing the network’s dedication to adopting stablecoins that offer transparency and regulatory clarity. This collaboration aims to unlock institutional participation and widen access to a 24/7 financial ecosystem. Impact on Cryptocurrency and DeFi Jeff Ren, founder of OKX Ventures, highlighted the partnership as a crucial step in empowering users with financial freedom and choice. By integrating USDG, OKX enables users to engage in everyday transactions, trading, and decentralized finance (DeFi) activities seamlessly. The exchange plans to further incorporate USDG across its ecosystem, driving real-world applications and accelerating global adoption. USDG, known for its stability, is pivotal to the Global Dollar Network’s operations and is accessible on major blockchain platforms including Solana,…

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Filed under: News - @ July 16, 2025 9:26 am