Global Dollar Network

The Global Dollar Network is a stablecoin consortium launched in November 2024 by Paxos with partners including Robinhood, Kraken, Anchorage Digital, Galaxy Digital, and Nuvei. Its shared asset is USDG, and the network's model shares stablecoin revenue with the platforms that distribute and hold it — the arrangement that makes USDG the natural default dollar on a Robinhood-operated chain.