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Mantle Adds Paxos-Issued USDG and Joins Global Dollar Network

Mantle has added Paxos-issued USDG as a natively minted stablecoin and joined the Global Dollar Network’s reward-sharing structure, according to Cointelegraph. The development links USDG, Mantle and the broader stablecoin market.

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Mantle Adds Paxos-Issued USDG and Joins Global Dollar Network

Mantle has added Paxos-issued USDG to its platform as a natively minted stablecoin, according to Cointelegraph. The move also brings Mantle into the Global Dollar Network, including the network’s reward-sharing structure. USDG is linked to the Global Dollar Network, while Mantle is the blockchain project participating in the integration. The announcement places USDG and Mantle in focus for crypto-market participants tracking stablecoin availability and network developments. The source material does not provide further details on the timing of the integration, the terms of the reward-sharing arrangement, or any market-price response. The development is relevant to the USDG and MNT asset pages, as well as the broader stablecoin market category.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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