Global Dollar is a stablecoin, which fundamentally changes how to evaluate its "maximum price potential." Unlike volatile crypto assets where upside is measured in multiples of token price, USDG's ceiling is anchored near $1.00 by design. The token is fully redeemable 1:1 for U.S. dollars, backed by cash and short-term Treasury equivalents held in segregated accounts, and issued by Paxos Digital Singapore under MAS supervision and by Paxos Issuance Europe under MiCA compliance.