{"id":34498,"date":"2025-07-01T06:46:53","date_gmt":"2025-07-01T06:46:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34498"},"modified":"2025-07-01T06:46:53","modified_gmt":"2025-07-01T06:46:53","slug":"robinhood-kraken-backed-global-dollar-usdg-comes-to-europe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34498","title":{"rendered":"Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe"},"content":{"rendered":"<div>\n<p>Global Dollar (USDG), a stablecoin issued by regulated fintech Paxos, and backed by a consortium of heavy hitters that includes Robinhood, Kraken and Mastercard, is being made available to consumers across the European Union, according to a press release on Tuesday.<\/p>\n<p>USDG is regulated by Europe\u2019s Markets in Crypto-Assets (MiCA), the Finnish Financial Supervisory Authority (FIN-FSA), and the Monetary Authority of Singapore (MAS), Paxos said in a statement.<\/p>\n<p>Demand for U.S. dollar-backed stablecoins is growing in Europe where Circle\u2019s USDC token is the largest MiCA-regulated choice. USDG will make a significant impact as an alternative regulated option, Paxos said.<\/p>\n<p>\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,\u201d said Walter Hessert, head of strategy at Paxos.<\/p>\n<p>Fulfilling requirements under the EU\u2019s MiCA regulation necessitates that Paxos Issuance Europe, which is regulated by FIN-FSA, holds a portion of USDG reserve assets with European banking partners, Paxos said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global Dollar (USDG), a stablecoin issued by regulated fintech Paxos, and backed by a consortium of heavy hitters that includes Robinhood, Kraken and Mastercard, is being made available to consumers across the European Union, according to a press release on Tuesday. USDG is regulated by Europe\u2019s Markets in Crypto-Assets (MiCA), the Finnish Financial Supervisory Authority [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34498","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34498"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34498\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}