OKX to Provide USDG to 60 Million Users in 180 Countries, Promoting Global Ecosystem
The Global Dollar Network announced on July 14, 2025, in New York that the leading cryptocurrency platform OKX has officially joined the network as a core partner. Previously, the Global Dollar Network announced the inclusion of Mastercard and Worldpay, and the number of partners has now grown to over 30. As one of the largest and most influential cryptocurrency platforms globally, OKX has integrated the dollar-pegged stablecoin Global Dollar (USDG) to serve 60 million users across 180 countries, promoting ecological globalization. Currently, OKX users can easily use the USDG stablecoin, enjoying a 1:1 zero-cost exchange service with the US dollar, with more features and integrations coming soon.
The integration of OKX and USDG reflects a shared vision of both parties to promote global financial inclusion through centralized and decentralized infrastructure. Following the announcement that USDG has launched in the European Union and complies with the MiCA regulatory framework, OKX also provides USDG support for EU users. This collaboration further advances OKX's mission: to achieve seamless cross-border payments, provide a reliable stablecoin infrastructure, and broaden the use of DeFi tools.
Walter Hessert, Head of Strategy at the Global Dollar Network and Chief Strategy Officer at Paxos, stated: "As a global leader in the blockchain space, OKX has played a key role in shaping the digital financial landscape. The Global Dollar Network is committed to making secure and trustworthy stablecoins widely adopted, allowing all users to access a transparent, round-the-clock financial ecosystem anytime, anywhere, and to promote institutional participation through a clear regulatory framework. We are pleased to welcome OKX to the Global Dollar Network."
Jeff Ren, Founder of OKX Ventures, said: "Joining the Global Dollar Network is a natural step forward for us to expand financial choices for users and achieve financial freedom. In the current environment where stablecoin applications are accelerating, we are honored to stand alongside industry leaders. USDG provides users with a trustworthy, fully reserved global digital dollar, making everyday payments, seamless transactions, and DeFi participation easy. We look forward to expanding USDG's integration within the OKX ecosystem soon, broadening more real-world application scenarios and further promoting global adoption."
As the core stablecoin of the Global Dollar Network, USDG boasts unparalleled stability and has now launched on three major blockchain networks: Solana, Ink, and Ethereum. This stablecoin is issued by Paxos Digital Singapore, a licensed major payment institution regulated by the Monetary Authority of Singapore (MAS), and is also issued by Paxos Issuance Europe under the supervision of the Finnish Financial Supervisory Authority (FIN FSA) in compliance with the Markets in Crypto-Assets (MiCA) Act.
Unlike traditional stablecoin models, the Global Dollar Network employs a unique economic framework that distributes network profits based on contributions from various parties, promoting collaborative win-win scenarios and incentivizing widespread application.
For more information about the Global Dollar Network or how to join, please visit: globaldollar.com
About the Global Dollar Network
The Global Dollar Network is the fastest-growing stablecoin ecosystem globally, with unparalleled economic value potential. The network is powered by the dollar-backed stablecoin Global Dollar (USDG), issued by Paxos Digital Singapore and Paxos Issuance Europe, utilizing a transparent and fair economic model that distributes profits based on partner contributions. Current partners of the Global Dollar Network include industry leaders such as Anchorage Digital, Bullish, Kraken, Mastercard, OKX, Paxos, Robinhood, and Worldpay.
Note: USDG has launched on Solana, Ink, and Ethereum.
About OKX
OKX is a leading global technology company dedicated to building a more tradable, transparent, and interconnected decentralized future, earning the trust of over 60 million users worldwide. We are known for being one of the fastest and most stable digital asset applications globally, having processed transaction amounts totaling trillions of dollars.
OKX has key regional offices in various parts of the world, including its Americas headquarters in San Jose, California, its Middle East headquarters in Dubai, and offices in New York, Hong Kong, Singapore, Turkey, Australia, and Europe.
In recent years, OKX has aimed to become one of the most compliant and licensed cryptocurrency companies, having obtained regulatory licenses in major markets such as the United States, the UAE, the European Economic Area (EEA), Singapore, and Australia.
We adhere to core principles of transparency and security and continuously publish monthly Proof of Reserves reports. For more information, please visit okx.com or download the OKX App.
Disclaimer
About USDG EU Issuance
Paxos issues USDG in the EU through Paxos Issuance Europe OY (referred to as "PIE").
USDG can be redeemed for US dollars at a 1:1 ratio by Paxos, and all USDG holders in the EU have the right to redeem at face value with PIE.
For more detailed information, please visit: paxos.com/eu, and the USDG EU white paper can be found at: www.paxos.com/terms-and-conditions/usdg-eu-whitepaper
Source: https://www.okx.com/zh-hans/learn/okx-joins-global-dollar-network?channelId=CNMEDIA
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