The Global Dollar Network (GDN), founded by companies such as Paxos and Robinhood, has added 19 new members to expand the adoption of its Solana-based USDG stablecoin. GDN launched in November 2024 with the aim of creating a new stablecoin alliance that rewards partners driving adoption. At its core is the USDG, a dollar-backed stablecoin issued by Paxos Digital Singapore. It "effectively complies" with the upcoming stablecoin regulations in Singapore and is currently operating on the Solana blockchain.