Global Dollar Network 🌎

USDG explained in 60 seconds.

$1,000,000,000 of USDG is deposited across DeFi venues on multiple chains, from lending markets to DEXs to fixed-rate protocols.

US users can now spend stablecoins and earn USDG.

@OKX Card is live, with cashback up to 10% on eligible purchases.

October was a big month for Global Dollar Network. 🌎

USDG went live on its Arbitrum and Robinhood Earn rolled out to all eligible users.

Here’s what partners shipped this month:

1️⃣ @arbitrum joined GDN, USDG went live on Arbitrum One, and they opened the Stablecoin Growth Program with incentives for teams building with USDG

2️⃣ @krakenfx listed USDG on Arbitrum One and is running a Futures Challenge with up to $5M in USDG rewards, through Dec 10

3️⃣ @okx: USDG holders can now choose to receive their rewards in USDG or BTC

4️⃣ @RobinhoodCrypto: Robinhood Earn is now available for all eligible users. Lend USDG onchain from a self-custody wallet in the app, earn an estimated 7%

5️⃣ @BiconomyCom launched USDG Locked Earn products

6️⃣ @cryptocom: 100M+ users can now buy USDG in 20+ fiat currencies

7️⃣ @folio_market: every market on its upcoming Robinhood Chain trading app will pair with USDG

8️⃣ @frgmnt joined GDN with institutional lending vaults on Morpho

9️⃣ @kucoincom: subscribe to KCUSD 1:1 with USDG at 0 fee

1️⃣0️⃣ @LayerZero_Core published a case study on USDG, with $3.9B+ moved across chains

1️⃣1️⃣ @maplefinance launched syrupUSDG on Arbitrum

1️⃣2️⃣ @mayan: move into USDG on Arbitrum from any token on any chain

1️⃣3️⃣ @moderntreasury is routing USDG for Fuze’s US expansion

1️⃣4️⃣ @Morpho: USDG lending on Arbitrum hit $115M TVL 18 days after launch

1️⃣5️⃣ @paxoslabs: Transit is Arbitrum’s preferred liquidity provider for USDG, and a PAXGy/USDG pool is live in OKX @wallet’s X Liquidity campaign on X Layer

1️⃣6️⃣ @pendle_fi: swap into PT-USDG on Priors in one tap, plus a new USDG pool on @XLayerOfficial

1️⃣7️⃣ @tryramp added USDG on @solana with fee-free USD conversions

1️⃣8️⃣ @SteakhouseFi is running a $100K USDG borrow incentive campaign on the @kamino PAXG market; Steakhouse’s USDG vault on Kamino is now integrated into @reflectmoney

1️⃣9️⃣ @swissborg was live for USDG on Arbitrum on day one

Contribute to the programmable economy with USDG on @arbitrum.

The Arbitrum Stablecoin Growth Program:

▪️ 200K ARB for the first 10 teams to $10M in USDG TVL
▫️ Stablecoin-centric protocols with at least $1M balance
▪️ Co-marketing, ecosystem intros and technical support