Global Dollar (USDG) is a digital token meant to always equal one US dollar, and it can be exchanged one-to-one for real US dollars through Paxos. Its pages make no dated promises we could check. It trades at $1, #30 of all coins by size, 40% below its highest ever price.
This week Nothing changed on its record.
No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #6 of 33 fiat-backed stablecoins. Nothing to be careful of on the record.
Is it real?
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0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Listed on 3 big exchanges
- Origin11 November 2024about about 22 monthsglobaldollar.com, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Kraken, OKX, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet27 headlines last month, 3 about government3,830 people keep it on a CoinGecko watchlistNo corrections needed so far
It is already worth more than the typical coin in Fiat-backed Stablecoin ($197.2M). To match the leader, Tether ($183.37B), its price would need to rise 5430%, to about $55.30.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
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Nothing dated
The project has not put a date on anything still open. That is a fact worth knowing.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A stable digital dollar
18 coins we checked say they are for a stable digital dollar, worth $272.87B together. #4 of 18 by worth.
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Global Dollar$3.32Bthis coin+0.0%no maxnone dated
Tether$183.37B55.3× bigger, +$180.06B+0.0%, gap −0.0no maxnone dated
USDC$74.3B22.4× bigger, +$70.98B−0.0%, gap −0.0no maxnone dated
USDS$9.86B3.0× bigger, +$6.55B+0.0%, gap −0.0no maxno record
Ethena USDe$4.68B1.4× bigger, +$1.36B+0.0%, gap −0.0no maxno record
Dai$4.59B1.4× bigger, +$1.27B−0.0%, gap −0.0no maxnone dated
PayPal USD$2.87B1.2× smaller, −$443.66M+0.0%, gap +0.0no maxno record
Ripple USD$2.37B1.4× smaller, −$942.47M+0.0%, gap +0.0no maxno record
Fiat-backed Stablecoin: this coin next to Tether, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Global Dollar says
- Global Dollar (USDG) is a digital token meant to always equal one US dollar, and it can be exchanged one-to-one for real US dollars through Paxos.
- Tether says
- Tether is a platform that lets people use regular currencies, like the US dollar, in digital form on blockchains.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Global Dollar (USDG) is a digital token meant to always equal one US dollar, and it can be exchanged one-to-one for real US dollars through Paxos.
Its listing puts it this way: Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos on a one-to-one basis for US dollars.
Problem it says it solves: a stable digital dollar. 27 coins we have checked say the same; together they are worth $275,379,450,817.
Where it trades: Kraken, OKX, KuCoin, Uniswap V3, Uniswap V4
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| Global Dollar | Tether | |
|---|---|---|
| Years trading | 2 years | 12 years |
| Major exchanges | 3 | 7 |
| Named backers | 0 | 0 |
| Headlines, last month | 27 | 185 |
| Promises delivered | no record | no record |
What it says is different: Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos on a one-to-one basis for US dollars.
It is 1.8% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $1.65 on 29 January 2025. Today is 61% of that.
100%
of all USDG that will ever exist is already out in public hands: 3.32B coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 3.32Bin circulation of 3.32B total. No hard maximum is set, so more can be created.
- of its all-time high of $1.65 on 29 January 2025. That is −39.6% from the top.
- #30by market cap, $3,315,855,110.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
27 headlines named this coin in the last month.
What they were about
- Price8
- Stablecoin8
- Upgrade4
- Partnership3
- Banks2
- Treasury2
- Government2
- Global Dollar Price (USDG INR)
- How Global Liquidity Affects Bitcoin Price: Fed Policy, Bond Yields, the Dollar and Carry Trades ExplainedGovernment
- Global Dollar Price (USDG INR)
- Uniswap launches hook for $43B stablecoin marketUpcoming
- Global Dollar Price (USDG INR)
- Aave Expands Functionality with PAXG Launch on Global
- Global Dollar Price (USDG INR)
- Global Dollar Price (USDG INR)
- Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buyingGovernment
- Global Dollar Price (USDG INR)
- Mantle (MNT) Surges 6.46% on Paxos USDG Integration
- Global Dollar Price (USDG INR)
- Mantle Surges 3.03% on USDG Stablecoin Integration
- Mantle Joins Global Dollar Network as USDG Circulation Surpasses $3B
- Mantle Adds USDG to Its Network
- Mantle Joins Global Dollar Network as USDG Circulation Surpasses $3B
- Mantle Joins Global Dollar Network, Adds Paxos Stablecoin USDG Natively
- Mantle Joins Global Dollar Network as USDG Goes Live
- Mantle Integrates Paxos Stablecoin USDG, Joins 150-Partner Global Dollar Network
- Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Netw|Cointelegraph
- USDG stablecoin launches natively on Mantle, bo...Upcoming
- USDG launches natively on Mantle in Paxos expansionUpcoming
- Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
- Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buyingGovernment
- Aave V4 存款规模升至 8.06 亿美元，7 日增长 30%
- Virtu, M1X Global, and Tradeweb Execute On-Chain Repo Backed by Digital Bonds
- Stablecoins after GENIUS: Private money, public debt, and the global dollar
27 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
The record itself
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy
Global Dollar (USDG) is a digital token meant to always equal one US dollar, and it can be exchanged one-to-one for real US dollars through Paxos.
“Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is fully redeemable from Paxos on a one-to-one basis for US dollars.”source · snapshot · captured 2026-09-10
Live. The record does not yet cite when this stage began.
No dated or committed promises have been recorded yet.
Others in stablecoins: Synthetix 6 of 11, Cap 3 of 10, A7A5 0 of 3, Frax USD 0 of 1, and 4 more.Others in payments networks: Nockchain 20 of 30, Beldex 10 of 48, eCash 8 of 10, ADI 7 of 15, and 19 more.
No public code repository is listed in this record.
The project's homepage page last changed on 14 September 2026.
Nothing further to flag from the record as it stands.
This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.