Gate Joins GDN, Lists USDG on Ethereum, Solana & Ink

Published: 2025-08-07 05:02:32 |

Gate, a leading crypto exchange with 34 million users, has joined the Global Dollar Network (GDN) as a Tier 1 partner. Gate now lists the U.S. dollar–pegged stablecoin USDG on Ethereum, Solana and Ink blockchains. USDG is issued by Paxos and backed 1:1 by U.S. dollars or equivalent liquid assets under oversight from the Monetary Authority of Singapore (MAS), Finland’s FIN-FSA and the EU’s MiCA regulation. This move underscores Gate’s commitment to regulatory compliance and financial transparency. By supporting USDG trading, Gate aims to drive stablecoin adoption and expand its PayFi services, offering seamless cross-border payments and bridging centralized and decentralized infrastructure. Gate plans deeper USDG integration across its ecosystem in the coming months and will leverage GDN’s shared rewards model to boost liquidity, improve on/off ramps and enhance user engagement. This partnership marks a pivotal step in building resilient global PayFi infrastructure.

Bullish

In the short term, Gate’s listing of USDG on major blockchains via GDN will drive higher trading volume, liquidity and on/off-ramp usage for the stablecoin. In the long term, regulatory oversight by MAS, FIN-FSA and MiCA, combined with GDN’s shared rewards model, enhances USDG’s credibility and encourages broader PayFi adoption. These factors together strengthen USDG’s market position and value stability, supporting bullish momentum across both time horizons.