Gate has become one of the first partners of the Global Dollar Network, fully promoting the innovative layout of PayFi

ChainCatcher news, cryptocurrency trading platform Gate announced its official entry into the Global Dollar Network (GDN), becoming one of the first tier partners to accelerate the adoption of stablecoins and the innovative development of PayFi. Gate has completed the integration of the USDG stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, supporting three major public chains: Ethereum, Solana, and Ink, providing a compliant and transparent stablecoin experience for 34 million users worldwide.
Gate founder and CEO Dr. Han stated, "This collaboration demonstrates Gate's commitment to compliance innovation and the construction of digital asset infrastructure. USDG will play a key role in the next generation of global payments, trading, and PayFi applications."
The Global Dollar Network is one of the fastest-growing stablecoin ecosystems in the world, highlighting the important role of stablecoins in global finance. In the future, Gate will continue to work with industry leaders to promote the mainstream application of stablecoins and build a safer, more transparent, and inclusive digital asset ecosystem.