Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network

Mantle has integrated Paxos’ regulated USDG stablecoin into its decentralized finance ecosystem, becoming a founding member of the Global Dollar Network. This strategic move aims to boost USDG adoption across decentralized applications by offering users a trusted, yield-earning digital dollar alternative. Backed by prominent financial and crypto heavy hitters, the Global Dollar Network seeks to challenge existing stablecoin monopolies through transparent reserves and compliant frameworks. By joining this initiative, Mantle strengthens its position in the rapidly evolving web3 economy, providing developers and traders with enhanced liquidity and cross-chain utility.