Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Paxos launches MiCA-compliant USDG stablecoin in the EU
Share
  • bitcoinBitcoin(BTC)$105,934.79
  • ethereumEthereum(ETH)$2,409.89
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.18
  • binancecoinBNB(BNB)$646.61
  • solanaSolana(SOL)$146.69
  • usd-coinUSDC(USDC)$1.00
  • tronTRON(TRX)$0.278739
  • dogecoinDogecoin(DOGE)$0.158640
  • cardanoCardano(ADA)$0.54
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Blockchain > Paxos launches MiCA-compliant USDG stablecoin in the EU
BlockchainCryptoEthereum

Paxos launches MiCA-compliant USDG stablecoin in the EU

admin
Last updated: 01/07/2025 4:51 Chiều
admin
Published 01/07/2025
Share


Paxos has expanded its Global Dollar stablecoin into the European Union under the region’s new crypto regulations.

The launch was announced in a July 1 press release by Paxos, revealing that the coin is fully compliant with the EU’s Markets in Crypto-Assets Regulation framework and regulated by Finland’s Financial Supervisory Authority.  USDG itself is not a new stablecoin. Available on the Ethereum (ETH), Solana (SOL), and Kraken’s Ink blockchain, it was first launched in late 2024. 

More than 450 million consumers across 30 countries can now access it thanks to its official launch as a regulated product in the EU. To comply with MiCA regulations, Paxos Issuance Europe now maintains reserve assets with European banking partners, while the Singapore-issued version is still overseen by the Monetary Authority of Singapore.

USDG will be available through platforms including Kraken, Gate, SwissBorg, Zodia Custody, Coinmetro, Orbital, Hercle, and others, as part of the expansion. USDG also powers the Global Dollar Network, a decentralized ecosystem focused on scaling stablecoin use in payments and finance.

Major players in the industry like Mastercard, Kraken, Robinhood, and Anchorage Digital are part of the network. 

The launch coincides with a sharp rise in the demand for regulated stablecoins in Europe. Paxos, already known for issuing USDG alongside PayPal’s PYUSD, USDP, and PAX Gold (PAXG), has been expanding its global presence through strong regulatory alignment and major partnerships.

In April, it partnered with Stripe to allow merchants to accept cryptocurrency payments using PYUSD and USDG. Last month, Fiserv revealed plans to launch its stablecoin, FIUSD, on Solana using Paxos’ infrastructure. Mastercard also announced that same month that it would allow USDG for cross-border, real-time payments through its Move network.

The company asserted that with regulatory protections in place across Europe and Asia, USDG is still fully redeemable at par for US dollars, regardless of jurisdiction. Now that MiCA compliance has been implemented, Paxos is establishing USDG as one of the few global stablecoins that meet strict EU regulations while maintaining usability and access across multiple blockchains.

You Might Also Like

Best altcoins to buy if Bitcoin hits $1m as Michael Saylor predicts

Shaquille O’Neal Cuts $1.8M Check to Close FTX Lawsuit

What is Kaito? Guide to history, uses, and future trends

Ripple’s RLUSD stablecoin approved for use in Dubai’s DIFC

World App’s parent company acquires Dawn Wallet, warns of an app ‘wind down’

TAGGED:launchesMiCAcompliantPaxosstablecoinUSDG

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Here’s why HFT crypto is rising beyond 100% today
Next Article Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
Not all Bitcoin holding firms will avoid death spiral
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?