PANews reported on August 6 that Gate has officially joined the Global Dollar Network (GDN) as one of the first tier partners, continuing to promote the adoption of stablecoins and the innovative development of PayFi. In this collaboration, Gate has completed the integration of the US dollar stablecoin USDG, which is issued by Paxos Digital Singapore and Paxos Issuance Europe. It now supports three major public chains: Ethereum, Solana, and Ink, providing Gate's 34 million global users with a compliant and transparent stablecoin usage experience.
Gate founder and CEO Dr. Han stated: "This collaboration reflects Gate's consistent commitment to compliance innovation and the construction of digital asset infrastructure. USDG will play a key role in promoting the next generation of global payments, transactions, and PayFi applications."
The Global Dollar Network is one of the fastest-growing stablecoin ecosystems in the world, and its rapid development highlights the critical role of stablecoins in global finance. In the future, Gate will continue to partner with industry leaders to drive stablecoins toward mainstream applications and accelerate the construction of a more secure, transparent, and inclusive digital asset ecosystem.