Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union.<\/p>\n
Editorial<\/p>\n
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.<\/p>\n
USDG is landing in Europe compliant with the EU\u2019s Markets in Crypto-Assets (MiCA) regulations, says Paxos, with a portion of reserve assets with European banking partners. <\/p>\n
The stablecoin is available via a host of distribution partners, including Kraken, Gate, Coinmetro, SwissBorg, Zodia Custody, and Orbital.<\/p>\n
Walter Hessert, head, strategy, Paxos, says: \u201cUSDG is a fully regulated global USD-stablecoin that is compliant with MiCA and now available in the EU, a testament to our commitment to offering global digital assets that are supervised by prudential regulators and also meet the highest standards of consumer protection.<\/p>\n
“We’re excited to partner with some of the leading players in Europe to bring this leading standard of compliance to more than 450 million consumers in the European Union.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union. Editorial This content…\n","protected":false},"author":2,"featured_media":233437,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[3670,3427,3210,3674,51,3678,3677,2000,299,5187,3676,3671,474,3240,3668,3672,13,3680,1197,3673,2998,547,12,3669,3209,3679,363,1199,326,53,1201,3675],"class_list":{"0":"post-233436","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-bank","9":"tag-banking","10":"tag-blockchain","11":"tag-breaking","12":"tag-business","13":"tag-challenger","14":"tag-digital","15":"tag-eu","16":"tag-europe","17":"tag-european","18":"tag-execution","19":"tag-fin","20":"tag-finance","21":"tag-financial","22":"tag-finextra","23":"tag-fintech","24":"tag-headlines","25":"tag-insurtech","26":"tag-investment","27":"tag-it","28":"tag-latest","29":"tag-mobile","30":"tag-news","31":"tag-online","32":"tag-payments","33":"tag-regtech","34":"tag-retail","35":"tag-services","36":"tag-tech","37":"tag-technology","38":"tag-trade","39":"tag-transaction"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114786683230481641","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/233436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=233436"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/233436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/233437"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=233436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=233436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=233436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}