# USDG | Global Dollar Network

A U.S. dollar-pegged stablecoin issued by Paxos Digital Singapore under the Monetary Authority of Singapore’s stablecoin framework. USDG is backed 1:1 by U.S. dollar deposits, short-term U.S. government securities and cash equivalents held with DBS Bank.

**Protocol**

[Global Dollar Network](https://globaldollar.com/)

**Proof of Assets**

[USDG Solana Token Account](https://solscan.io/account/7VJP5BWT4EKESFsExJ4t2uiQViHYht6QiuZiZb8ivZCG)