Global Dollar (USDG) is a fiat-backed stablecoin issued by Paxos Digital Singapore Pte. Ltd. and, in the EU, by Paxos Issuance Europe under MiCA supervision. As of July 1, 2026, USDG trades at $0.9997 with a market cap of $2.98B, 24-hour volume of $30.6M, and circulating supply of 2.98B tokens. The token ranks #29 globally and is designed to maintain a 1:1 peg to the U.S. dollar through reserve backing rather than market-driven appreciation.