NASDAQ-listed company DeFi Development Corp. (stock code: DFDV) recently announced a new move: it has officially joined a stablecoin network called Global Dollar Network. The stablecoin used by this network is called USDG, which is a digital currency pegged 1:1 to the US dollar, issued and custodied by two regulated companies, Paxos Digital Singapore and Paxos Issuance Europe, responsible for holding real dollar reserves.

The biggest feature of USDG is its support for multi-chain usage, and it is currently circulating on three blockchains: Solana, Ink, and Ethereum. This means that users can use the same stablecoin for transfers or transactions across different chains, enhancing interoperability.

For DFDV, joining this network means that its treasury management and business ecosystem may become more deeply integrated into the application scenarios of crypto payments and US dollar stablecoins. DFDV itself is a publicly listed company focused on decentralized finance (DeFi) and investments in the Solana ecosystem, and this partnership also shows that traditional capital markets are further merging with the infrastructure of crypto stablecoins.

As an important component of the crypto market, stablecoins have received increasing attention from institutions and governments in recent years. This cooperation also reflects the growing participation of Singapore and Europe in the compliant issuance of digital currencies. #加密市场回调