From a compliance perspective, USDG is one of the few stablecoins approved by Singapore's Monetary Authority (MAS). In fact, there are only three stablecoins approved by MAS that can be used normally in Singapore. The first two are stablecoins issued by a company called StraitsX for the local market, mainly serving as a bridge between Singapore's stablecoins and US dollar stablecoins. Only USDG is the only stablecoin that is trading oriented and global in scope, issued by Paxos and benchmarked against the US dollar stablecoin. Because it is issued under the supervision of Singapore's MAS, it is essentially not regulated by the United States. However, because Paxos has a compliant stablecoin issuer Paxos Trust in the United States, it can guarantee each other, so USDG can also be used in states where Paxos Trust is compliant in the United States. So in terms of compliance system, I personally think USDG is quite strong, and the probability of running away or not being accepted is very low. However, if it is a 1:1 acceptance with USDT, this should be a market issue. However, if the price of USDG is unanchored in the short term, it can be directly converted to USD in Singapore (KYC is required), so arbitrage after unanchoring is also possible.