Record sog_st_usdg
Global DollarUSDG
Also recorded as USDG, Global Dollar
- Lifecycle
- Active
- Reference
- US dollar
- Backing
- Fiat and cash equivalents
- Redemption / exit
- Eligible Customers Only
- Primary organization
- Paxos Digital Singapore Pte. Ltd.2 additional relationships
- Evidence
- 3 source records
Reviewed overview
Current state
Reviewed facts and uncertainty are shown separately. This is not a rating, safety score, or recommendation.A US dollar stablecoin connected to the Global Dollar Network and issued through Paxos-related arrangements.
- Issuance
- Restricted
- Stabilization
- Issuer redemption
- Open questions
- 5 unresolved items
Technical identity and record coverage
| Name | Global Dollar |
|---|---|
| Symbol | USDG |
| Aliases | USDG, Global Dollar |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Canonical record ID | sog_st_usdg |
| Route slug | usdg |
| Record confidence | Medium |
| Last reviewed | 2026-06-05 |
- Name
- Global Dollar
- Symbol
- USDG
- Aliases
- USDG, Global Dollar
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Restricted
- Canonical record ID
sog_st_usdg- Route slug
usdg- Record confidence
- Medium
- Last reviewed
- 2026-06-05
| Coverage area | Entries |
|---|---|
| Organizations | 3 |
| Source records | 3 |
| Reserve reports | 2 |
| Deployments | 1 |
| Regulatory notes | 0 |
| Open questions | 5 |
| Events | 1 |
Backing and exitReserves and redemption2 reports
Recorded components, disclosures, reserve reports, and redemption conditions remain separate facts.
Reserve components
- Mixed backing; component breakdown unresolvedUnknown after review
| Disclosure status | Not yet recorded |
|---|---|
| Backing types | Mixed |
| Summary | Reserve disclosure entry points exist, while exact issuer-entity and period-level reporting remain under review. |
| As of | 2026-06-05 |
| Profile confidence | Medium |
- Disclosure status
- Not yet recorded
- Backing types
- Mixed
- Summary
- Reserve disclosure entry points exist, while exact issuer-entity and period-level reporting remain under review.
- As of
- 2026-06-05
- Profile confidence
- Medium
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | USD |
| Eligible parties | Fully verified Paxos customers served by Paxos Digital Singapore or Paxos Issuance Europe where the applicable entity and jurisdiction permit USDG issuance or redemption. |
| Retail access | Customer Account and Identity Verification Required |
| Institutional access | Eligible Paxos Customers Direct |
| Minimum amount | Paxos may require a redemption minimum equal to the applicable bank wire fee; the minimum may change and redemptions are rounded down to the nearest U.S. cent. |
| Fee | Paxos states that it does not charge a USD Stablecoin redemption fee, while banking, wallet, transfer, account, or other third-party fees may apply. |
| Settlement time | Paxos states that U.S.-dollar withdrawals may take up to two days, with larger withdrawals potentially taking substantially longer; compliance review may also delay processing. |
| Regional limits | Only verified Paxos customers may redeem directly., Service availability depends on residence and the Paxos entity with which the customer is registered., Paxos may refuse or suspend issuance or redemption for compliance, account, legal, or platform reasons. |
- Current status
- Eligible Customers Only
- Settlement asset
- USD
- Eligible parties
- Fully verified Paxos customers served by Paxos Digital Singapore or Paxos Issuance Europe where the applicable entity and jurisdiction permit USDG issuance or redemption.
- Retail access
- Customer Account and Identity Verification Required
- Institutional access
- Eligible Paxos Customers Direct
- Minimum amount
- Paxos may require a redemption minimum equal to the applicable bank wire fee; the minimum may change and redemptions are rounded down to the nearest U.S. cent.
- Fee
- Paxos states that it does not charge a USD Stablecoin redemption fee, while banking, wallet, transfer, account, or other third-party fees may apply.
- Settlement time
- Paxos states that U.S.-dollar withdrawals may take up to two days, with larger withdrawals potentially taking substantially longer; compliance review may also delay processing.
- Regional limits
- Only verified Paxos customers may redeem directly., Service availability depends on residence and the Paxos entity with which the customer is registered., Paxos may refuse or suspend issuance or redemption for compliance, account, legal, or platform reasons.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| 2026-06-05 | Global Dollar Network | Issuer or Network Disclosure Reference | Cash, Cash Equivalents, Not yet recorded | Medium |
| 2026-06-05 | Paxos | Issuer Disclosure Reference | Cash, Cash Equivalents, Not yet recorded | Low |
Global Dollar Network
2026-06-05- Type
- Issuer or Network Disclosure Reference
- Assets covered
- Cash, Cash Equivalents, Public information incomplete
- Record confidence
- Medium
Paxos
2026-06-05- Type
- Issuer Disclosure Reference
- Assets covered
- Cash, Cash Equivalents, Public information incomplete
- Record confidence
- Low
People and institutionsOrganizations and control3
Primary display is a navigation choice only. Other recorded organizations and historical relationships remain visible.
- Governance
- Centralized
- Primary organization
- Paxos Digital Singapore Pte. Ltd.
- Primary role
- Legal issuer
- Current
- 3
- Ended
- 0
- Unknown state
- 0
| Organization | Role | Jurisdiction | Period | State |
|---|---|---|---|---|
| Paxos Digital Singapore Pte. Ltd.Primary display | Legal issuer | Singapore | Not yet recorded – Not yet recorded | Active relationship |
| Paxos Issuance Europe OyCompany or corporate group | Legal issuer | Finland / European Union | Not yet recorded – Not yet recorded | Active relationship |
| Global Dollar NetworkNetwork or ecosystem | Brand owner | multi_jurisdiction | 2024-11-04 – Not yet recorded | Active relationship |
Paxos Digital Singapore Pte. Ltd.
- Role
- Legal issuer
- Jurisdiction
- Singapore
- From
- Not recorded
- Until
- Not recorded
Paxos Issuance Europe Oy
- Role
- Legal issuer
- Jurisdiction
- Finland / European Union
- From
- Not recorded
- Until
- Not recorded
Global Dollar Network
- Role
- Brand owner
- Jurisdiction
- multi_jurisdiction
- From
- 2024-11-04
- Until
- Not recorded
Control capability and selection details
- Display selection mode
- Explicit Override
- Freeze capability
- 0 yes · 0 no · 1 not recorded
- Blacklist capability
- 0 yes · 0 no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
Classification fieldsTechnical model14 fields
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- 1
- Reference methodology
- Targets a US dollar reference value unless the record documents a different target value.
- Public backing model
- Fiat and cash equivalents
- Canonical backing types
- Mixed
- Reserve component categories
- Unknown
- Primary stabilization mechanism
- Issuer redemption
- Recorded model description
- Fiat-backed
- Redemption / exit model
- Eligible Customers Only
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Not recorded
LifecycleMaterial events1
Current classification remains separate from dated changes and incidents. The five latest records are shown first.
- Launch
Global Dollar launch context
Global Dollar entered operation within the Global Dollar Network and Paxos-related issuer structure. SOG records this as launch, backing, redemption, partner-network, and unresolved deployment context.
Networks and noticesDeployments and legal context1
Network state, contract identity, and legal notices remain separate from the asset-level classification.
| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not yet recorded | Network source review needed | Not yet recorded | Issuer- or institution-supported deployment | Issuer or Network Supported Token | Unknown or unresolved | Not yet recorded | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | USDG supported chains, canonical contracts, and issuer/network support level need exact documented review. Keep chain coverage as unknown until Global Dollar Network or issuer docs provide a durable reference. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Coverage limitsKnown unknowns5
Missing, undisclosed, unreviewed, or disputed facts remain visible instead of being converted into certainty.
| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Issuer Entity | Paxos Digital Singapore Pte. Ltd. and Paxos Issuance Europe Oy are now recorded as joint legal issuers. The effective start date of the European issuer role and token-level provenance between the two issuing entities remain unresolved. | Unknown after review | Low | 2026-07-14 |
| Reserve Report History | USDG reserve report source and period-level reserve reporting history need exact documented entries before SOG displays a reserve timeline. | Unknown after review | Medium | 2026-06-05 |
| Redemption Path | Direct one-to-one redemption is limited to verified Paxos customers and may be routed through Paxos Digital Singapore or Paxos Issuance Europe. Exact availability by residence, registered Paxos entity, account state, current minimum schedule, and banking route remains variable under the current terms. | Unknown after review | Low | 2026-07-14 |
| Chain Contracts | USDG supported chains, canonical contract addresses, and issuer-supported deployment status need official source review before final chain coverage is displayed. | Unknown after review | Medium | 2026-06-05 |
| Network Partners | Global Dollar Network partner roles, partner incentives, public partner list, and network economics need source-specific documentation before they are modeled as stablecoin lifecycle facts. | Unknown after review | Low | 2026-06-05 |
Issuer Entity
Paxos Digital Singapore Pte. Ltd. and Paxos Issuance Europe Oy are now recorded as joint legal issuers. The effective start date of the European issuer role and token-level provenance between the two issuing entities remain unresolved.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-07-14
Reserve Report History
USDG reserve report source and period-level reserve reporting history need exact documented entries before SOG displays a reserve timeline.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-05
Redemption Path
Direct one-to-one redemption is limited to verified Paxos customers and may be routed through Paxos Digital Singapore or Paxos Issuance Europe. Exact availability by residence, registered Paxos entity, account state, current minimum schedule, and banking route remains variable under the current terms.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-07-14
Chain Contracts
USDG supported chains, canonical contract addresses, and issuer-supported deployment status need official source review before final chain coverage is displayed.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-05
Network Partners
Global Dollar Network partner roles, partner incentives, public partner list, and network economics need source-specific documentation before they are modeled as stablecoin lifecycle facts.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-05
Sources and claimsEvidence3
The first ten linked records are shown initially. Publisher, provenance, archive state, supported claims, and reliability remain separate fields.
| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Global Dollar Network page Published Not yet recorded | Global Dollar Network | Official documentation or product page Canonical: Issuer or Network Page | Subject-controlled source | Primary source | USDG overview, backing, redemption, reserve and network context, Network participation, partner model, reward or network economics context, and public documentation entry point | No archive recorded | Medium |
| Paxos USDG page Published Not yet recorded | Paxos | Official documentation or product page Canonical: Issuer Page | Subject-controlled source | Primary source | USDG issuer, reserve, redemption, and jurisdiction context | No archive recorded | Medium |
Next stepsRelated records and corrections3
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- All stablecoinsCompare this record with the rest of the archive.
- Paxos Digital Singapore Pte. Ltd.Singapore
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.