lang icon En
Feb. 25, 2025, 2:16 p.m.
1531

Global Dollar Network Launches USDG on Solana Blockchain with New Partners

Brief news summary

Alfred Pay, Caliza, Noah, Rain, and Sling Money have formed the Global Dollar Network to promote stablecoin adoption worldwide. On February 25, 2025, they introduced the Global Dollar (USDG) stablecoin on the Solana blockchain, enabling rapid and cost-effective transactions while enhancing user engagement. USDG enters the multichain ecosystem, utilizing Solana's robust processing capabilities to benefit both businesses and individuals. Industry leaders, like Anchorage Digital's Nathan McCauley, emphasize collaboration's significance in advancing the global impact of stablecoins. The alliance aims to explore innovative uses, such as cross-border payments and treasury management, providing additional advantages for USDG holders. As a secure and regulated stablecoin, USDG is backed by high-quality assets to maintain a stable 1:1 peg with the US dollar. Ultimately, this initiative seeks to bolster financial inclusivity and facilitate smoother international transactions for users worldwide.

**Alfred Pay, Caliza, Noah, Rain, and Sling Money Join Global Dollar Network** **USDG Powers Global Dollar Network** **NEW YORK, Feb. 25, 2025 /PRNewswire/ --** The Global Dollar Network has announced the launch of Global Dollar (USDG) on the Solana blockchain, enhancing the network's mission to promote global stablecoin adoption. This integration provides the Solana ecosystem with a stablecoin that enables fast, low-cost, 24/7 transactions and reward-sharing for participants. The recent partners joining the network include Alfred, Caliza, Noah, Rain, and Sling Money. Institutions can access USDG via Global Dollar Network partners, Anchorage Digital and Kraken, by week’s end. This launch is the beginning of USDG's multichain expansion, facilitating smooth access for enterprises and retail users. The Solana blockchain's capability of high-speed and low-cost transactions is expected to benefit various commerce applications.

USDG, backed by top enterprises, aims to improve liquidity, enable new use cases, and broaden its reach. Nathan McCauley, Co-Founder and CEO of Anchorage Digital, stated, "Stablecoins are revolutionizing the global economy by providing efficient payment solutions. The vision for Global Dollar Network is to establish USDG as the premier stablecoin for an inclusive global economy, and the multi-chain integration with Solana is crucial to realizing this vision. " Lily Liu, President of the Solana Foundation, highlighted that USDG's launch on Solana would expedite global stablecoin adoption, offering new opportunities for businesses and consumers. The new partners will leverage USDG to create various use cases such as cross-border payments and treasury management. They will also benefit from returns generated by USDG-backed assets on their platforms. The Global Dollar Network aims to transform the stablecoin ecosystem by ensuring equitable economics for participants and fostering new use cases globally. Leaders from the joining companies, including Diego Yanez of Alfred and Ezra Kebrab of Caliza, expressed enthusiasm about the potential of USDG to facilitate economic opportunities and efficient financial transactions globally. USDG is issued by Paxos Digital Singapore, regulated by the Monetary Authority of Singapore, ensuring that it maintains 1:1 parity with the US dollar through high-quality liquid assets. **About Global Dollar Network** The Global Dollar Network is dedicated to advancing and rewarding the adoption of global stablecoins, primarily through USDG, which conforms to strict regulatory standards. The network features partners such as Anchorage Digital, Kraken, and Robinhood. **Media Contact:** [email protected] **SOURCE Global Dollar Network**


Watch video about

Global Dollar Network Launches USDG on Solana Blockchain with New Partners

Try our premium solution and start getting clients — at no cost to you

Content creator image

I'm your Content Creator.
Let’s make a post or video and publish it on any social media — ready?

Language

Hot news

March 4, 2026, 1:33 p.m.

Microsoft-Backed AI Firm Hires Auditors After Ove…

Builder.ai, a London-based AI startup supported by major investors like Microsoft Corporation and the Qatar Investment Authority, has significantly downgraded its sales figures previously shared with investors.

March 4, 2026, 1:22 p.m.

AI Reshapes CPG as Niche Brands Gain Market Share

Artificial intelligence (AI) is rapidly transforming numerous industries, including the consumer-packaged goods (CPG) sector.

March 4, 2026, 1:18 p.m.

Amazon Plans to Train AI Models on Proprietary Ch…

Amazon has revealed its strategic plan to develop and train its own artificial intelligence (AI) models utilizing proprietary chips.

March 4, 2026, 1:17 p.m.

New AI Social Media Marketing Venture Transforms …

OnVibe, an innovative AI-driven platform, has officially launched with the mission to revolutionize social media marketing for small businesses and content creators.

March 4, 2026, 1:17 p.m.

AI Video Surveillance Systems Improve Public Safe…

Law enforcement agencies worldwide are increasingly adopting AI-powered video surveillance systems to enhance public space monitoring.

March 4, 2026, 1:15 p.m.

Capxel Introduces AI Search Optimization to Enhan…

Capxel, an AI-native data company, has introduced AI Search Optimization (ASO), a groundbreaking service creating a new category in brand intelligence amid the AI-driven transformation of digital search.

March 4, 2026, 9:29 a.m.

AI Company Launches Revolutionary Quantum Computi…

AI Innovations Inc.

All news

AI Company

Launch your AI-powered team to automate Marketing, Sales & Growth

AI Company welcome image

and get clients on autopilot — from social media and search engines. No ads needed

Begin getting your first leads today