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Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe
- On July 1, 2025, Paxos introduced its regulated Global Dollar stablecoin to the European market, making it accessible to users throughout the EU.
- The launch comes amid increasing demand for regulated U.S. dollar-backed stablecoins across Europe and adheres to the region's newly established crypto regulatory framework under the Markets in Crypto-Assets legislation.
- USDG is created by Paxos Issuance Europe, which operates under the oversight of Finland’s Financial Supervisory Authority, and is made available through distribution partners like Kraken and Gate in over 30 countries.
- Walter Hessert, Paxos’ Head of Strategy, stated that USDG is a globally recognized USD-backed stablecoin, meeting MiCA regulatory standards, and is now accessible to more than 450 million people within the European Union.
- The launch establishes USDG as a compliant alternative stablecoin in Europe and broadens Paxos’s global digital asset portfolio by leveraging robust regulatory compliance and partnerships with leading industry players.
20 Articles
20 Articles
Robinhood, Mastercard-supported stablecoin USDG to roll out in EU (HOOD:NASDAQ)
Global Dollar (USDG-USD), the dollar-pegged stablecoin backed by the likes of retail trading app Robinhood Markets (HOOD), payment network giant Mastercard (MA) and crypto exchange Kraken, is launching across the European Union.
Paxos Expands USDG Stablecoin to EU Under MiCA Rules
Paxos, the blockchain infrastructure firm behind the Global Dollar stablecoin (USDG), has officially introduced the digital currency to the European Union under the region’s Markets in Crypto-Assets (MiCA) regulatory framework. This move marks a significant step for the issuer as it seeks to align its global digital asset operations with region-specific oversight and consumer protection requirements. USDG’s entry into the EU has been facilitated…
USDG Stablecoin Expands to Europe
Global Dollar (USDG), a dollar-backed stablecoin launched in November, is now available to consumers across the European Union. [contact-form-7] USDG is regulated by the EU’s Markets in Crypto-Assets (MiCA), the Finnish Financial Supervisory Authority (FIN-FSA) and the Monetary Authority of Singapore (MAS), the stablecoin’s issuer, Paxos, said in a Tuesday (July 1) press release. Paxos Head of Strategy Walter Hessert said in the release…
Kraken, Robinhood Support Paxos’ Global Dollar Launch in EU - Blockchain & Cryptocurrencies Tabloid
Paxos launches Global Dollar (USDG) in EU with Kraken, Robinhood support, expanding crypto access to 450 million consumers. The post Kraken, Robinhood Support Paxos’ Global Dollar Launch in EU appeared first on Blockchain & Cryptocurrencies Tabloid.
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