TLDR

OKX adds USDG, expanding stablecoin access to 60M users in 180 nations.
USDG joins OKX with 1:1 USD swaps, boosting global stablecoin reach.
OKX expands into regulated stablecoins with USDG and GDN partnership.
OKX embraces USDG for fee-free, compliant digital dollar access globally.
Stablecoin adoption grows as OKX integrates USDG across its ecosystem.

Global cryptocurrency platform OKX has joined the Global Dollar Network (GDN), expanding access to USDG for its global user base. The move brings seamless access to the stablecoin to 60 million users across 180 countries. USDG is now available on OKX for 1:1 conversion with USD at no additional cost.

Stable. Scalable. Onchain.

OKX just joined one of the fastest-growing stablecoin ecosystem: the Global Dollar Network.

With USDG integration, we’re unlocking trusted stablecoin access and real world utility to 60M+ users across 180+ countries.

Learn more ➡️… pic.twitter.com/7UhqueUiiI

— OKX (@okx) July 14, 2025

This partnership follows OKX’s ongoing expansion strategy and builds on its established presence in regulated markets worldwide. USDG integration enhances its stablecoin lineup, offering users another trusted option backed by U.S. dollars.

OKX strengthens its presence in the regulated stablecoin market, aligning with leading global financial institutions. Paxos, which issues USDG, operates under the supervision of authorities in both Singapore and the EU. The collaboration allows OKX to offer compliant access to digital dollars across major markets, including Europe under MiCA.

USDG Integration Expands OKX’s Regulated Digital Dollar Access

USDG, a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, has seen rising demand since launch. OKX’s support now extends the stablecoin’s reach to millions of users on a globally recognized platform. Customers can access, trade, and redeem USDG on OKX, expanding their stablecoin options.

With full redemption rights and no conversion fees, users benefit from direct access to a compliant and fully backed stablecoin. USDG operates on the Ethereum, Solana, and Ink blockchains, offering speed and flexibility for users across Web3 ecosystems. The stablecoin’s structure offers transparent reserves and regulatory oversight, helping drive wider acceptance.

The integration supports OKX’s broader goal of building a decentralized financial future with trusted digital assets. It also opens new doors for trading, DeFi applications, and real-world payments using USDG. OKX has confirmed plans to expand USDG functionality across its ecosystem to unlock further use cases.

Global Dollar Network Model Rewards Adoption and Stability

Global Dollar Network operates a unique model that distributes network revenue to partners based on their platform contribution. This economic framework incentivizes widespread stablecoin adoption while promoting ecosystem collaboration. GDN now includes more than 30 global partners, including Kraken, Robinhood, Bullish and Worldpay.

USDG’s model stands apart from traditional stablecoins by aligning incentives with participation and adoption efforts. The revenue-sharing approach enables partners to earn rewards from balances, similar to high-yield savings. This adds a layer of financial utility that complements the stablecoin’s existing use cases.

Paxos holds USDG reserves in U.S. dollars and short-term government securities, ensuring strong backing and transparency. The current circulating supply is around 357 million USDG, with steady growth since its launch in November 2024. As regulation advances globally, the Global Dollar Network is positioned to scale further.

OKX Strengthens Position in Competitive Stablecoin Landscape

OKX offers support for leading stablecoins like Tether (USDT) and USD Coin (USDC) across its platform. With the addition of USDG, the exchange now provides users with a regulated alternative backed by strict compliance standards. This strengthens OKX’s offering and provides greater user choice.

OKX operates in multiple jurisdictions, including the U.S., UAE, Singapore and the EU, aligning with regional regulatory expectations. Its consistent Proof of Reserves reporting and secure infrastructure reinforce user trust. This move supports its mission to make trading and payments more accessible and transparent worldwide.

 

The post OKX Powers Up Stablecoin Offering with Global Dollar Network and USDG Launch appeared first on CoinCentral.

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Filed under: News - @ July 14, 2025 6:26 pm