Seven major crypto companies launched USDG, a Singapore-based stablecoin that will share 97% of reserve earnings with network participants while competing against established players Tether and USDC.

Prominent cryptocurrency-focused firms like Kraken, Galaxy Digital, and Robinhood have joined forces to back the Global Dollar, a regulated yield-bearing stablecoin developed by stablecoin issuer Paxo

Leading fintech and digital asset firms, including Robinhood, Kraken and Galaxy Digital, have introduced a joint stablecoin pegged to the U.S. dollar. Called the Global Dollar Network, it seeks to enhance the stablecoin market by lowering transaction costs, boosting consumer protections, and facilit...