The stablecoin USDG has been launched on the Ink blockchain

ChainCatcher news, according to PRNewswire, Global Dollar Network announced that Global Dollar (USDG) is now available on the Ink blockchain.

USDG is a dollar-pegged single-currency stablecoin issued by Paxos, which was previously available on the Solana blockchain and maintained Ethereum compatibility. The availability of USDG on Ink provides users and developers with a stable asset for trading, liquidity provision, and interaction with various DeFi applications.