{
  "url": "https://blockindex.ai/coin/usdg",
  "name": "Global Dollar",
  "links": {
    "github": null,
    "website": "https://globaldollar.com/",
    "whitepaper": null
  },
  "dScore": 23,
  "market": {
    "priceUsd": 0.9999561216467305,
    "marketCapUsd": 2808795753.984124,
    "volume24hUsd": 81195413.55702645,
    "priceChange7dPct": 0.01683483,
    "priceChange24hPct": 0.00644434
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 2808919004.724519,
    "circulatingPct": null
  },
  "ticker": "USDG",
  "founder": "N/A",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:16.938038+00:00",
  "fairLaunch": false,
  "launchYear": 2024,
  "description": "Global Dollar (USDG) is presented in the provided materials as a regulation-forward, Paxos-issued fiat-backed stablecoin that emphasizes institutional distribution, compliance, and operational controls. Issued by Paxos Digital Singapore Pte. Ltd. with Paxos Issuance Europe referenced for European issuance, USDG positions itself as a 1:1 redeemable US dollar instrument designed for enterprise integrations and programmatic distribution. The issuer materials and listing pages repeatedly highlight segregated reserve accounts, monthly independent attestations of reserves, and redemption mechanisms as the core trust primitives that underpin USDG’s peg and use cases. The project’s stated mission is to combine traditional regulatory protections and custody arrangements with on-chain transferability and partner revenue-sharing to incentivize enterprise onboarding into a Global Dollar Network.\n\nFrom a technical and architectural perspective, the provided records identify USDG primarily as an issued token rather than a native blockchain. The summary includes a contract fragment (0xe343...95491D) but lacks canonical chain identifiers (chain ID, full contract metadata, or decimals). As such, USDG should be treated operationally as a token issued on an underlying smart-contract platform; the supplied content does not allow reliable determination of which host chain. Technical documentation available through Paxos (docs.paxos.com/stablecoin/usdg) focuses on issuance and operational workflows—redemption, minting by authorized partners, and reserve management—rather than low-level on-chain implementation details. There is no evidence in the scraped materials of on-chain governance, consensus primitives, or developer-led protocol upgrades specific to USDG.\n\nIn terms of use cases and ecosystem adoption, USDG is engineered for enterprise adoption, liquidity provisioning, and programmatic settlement. The Global Dollar Network described in the issuer materials allows partner platforms to mint, custody, and settle USDG on behalf of enterprise customers while purportedly enabling partners to receive returns generated by reserve assets held on those platforms. Market data in the supplied sources shows substantial liquidity and supply metrics: a circulating supply near 1.47 billion USDG, market capitalization around $1.47 billion, and daily trading volumes in the tens of millions of USD. While USDG is designed to maintain parity with the US dollar through segregated reserves and attestations, the historical price snapshots provided also document notable deviations from peg in late 2024 (ATH of $1.60 on Nov 11, 2024 and ATL of $0.6167 on Dec 07, 2024), which are important risk signals for institutional counterparties and risk assessments.\n\nTokenomics and distribution details in the supplied content are intentionally sparse: there is no documented premine percentage, no PIP (pre-issued percentage) explicitly reported, and no public allocation schedule or decentralized treasury mechanism included in the scraped materials. Because USDG is centrally issued by a regulated entity (Paxos), traditional blockchain-centric distribution primitives such as mining rewards, inflation schedules, or staking rewards are not applicable. The materials emphasize redeemability and reserve transparency rather than token issuance economics; attestations and custodial controls act as the primary monetary policy tools. This centralized issuance model supports regulatory compliance and operational predictability but also concentrates control with the issuer.\n\nGovernance and regulatory posture are central to USDG’s value proposition. The issuer pages and listing content explicitly describe Paxos Digital Singapore’s supervision under the Monetary Authority of Singapore (MPI/MAS) and reference Paxos Issuance Europe’s oversight under applicable European frameworks (FIN‑FSA/MiCA references). There is no evidence of on-chain governance, DAO mechanisms, or community-controlled treasury management in the provided files; governance is corporate and off-chain. For users and integrators, the available developer resources (official docs, support pages) and analytics coverage (CoinMarketCap, CoinGecko, TradingView) provide integration pathways, market visibility, and support channels; however, critical low-level on-chain metadata (full contract address, chain ID, decimals), team biographies, and an explicit launch date are not included in the supplied content and would need to be sourced from authoritative on-chain explorers or issuer filings for a complete technical audit.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 7,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}