At Kraken, we’re dedicated to providing trusted, clear and revolutionary stablecoin options. That’s why we’re proud to work alongside Paxos, Robinhood and Anchorage as a part of the World Greenback Community to deliver you USDG.
Backed by Paxos, a world chief in stablecoins, USDG comes with the arrogance of over $160 billion in stablecoins issued since 2018, all beneath the oversight of high monetary regulators. USDG is designed to be a trusted and clear stablecoin for buying and selling and holding worth, bringing seamless entry to digital {dollars} for customers worldwide.
What are stablecoins?
Stablecoins bridge conventional finance with blockchain know-how, providing the soundness of fiat with the effectivity of crypto. Pegged 1:1 to the U.S. greenback, they supply a safe and dependable method to transact, commerce and retailer worth within the digital financial system. This mixture makes stablecoins a most well-liked selection for international funds, buying and selling and safeguarding funds from market volatility.
Why USDG?
Regulation and transparency
USDG is totally backed by money and money equivalents in segregated accounts, audited month-to-month. Paxos is regulated by the Financial Authority of Singapore, one of many world’s high monetary authorities, making certain the strongest client safety.
1:1 pegged stability
USDG is totally backed by money and money equivalents in segregated accounts, making certain that each token maintains a 1:1 peg to the U.S. greenback.
Multi-chain international accessibility
Constructed on the Ethereum (ERC-20) and Solana blockchains, USDG combines the soundness of the U.S. greenback with the velocity and transparency of blockchain know-how. This international accessibility empowers customers worldwide to leverage a trusted digital asset for a wide range of functions, permitting customers worldwide to commerce and maintain with ease.
How one can get began with USDG
Prepared to begin utilizing USDG?* Comply with these easy steps to get began in minutes:
- Log in to your Kraken account: (or enroll for those who’re new).
- Deposit USD or buy USDG straight
- Convert USD to USDG
Use USDG wherever you’d usually use stablecoins, whether or not it’s for buying and selling or holding a secure asset.
Coming quickly: Earn on USDG
USDG is only the start of Kraken’s dedication to stablecoin innovation.
Quickly, holders on Kraken will quickly acquire entry to an unique rewards program, providing a possibility to earn aggressive returns with no additional steps. Keep tuned!
USDG: The subsequent-generation stablecoin
USDG displays our dedication to offering clear, safe and forward-thinking merchandise that speed up the adoption of cryptocurrency so everybody can obtain monetary freedom and inclusion. USDG is one other step in that path, integrating blockchain know-how with real-world monetary functions.
The place to study extra
Wish to dive deeper into the main points of USDG? Try the Paxos USDG white paper and our $USDG asset itemizing weblog.
Be part of the tens of millions of customers leveraging Kraken’s revolutionary options to attain their monetary objectives.
*$USDG is just not out there for buying and selling in CA and the EEA
These supplies are for basic data functions solely and are usually not funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any explicit cryptoasset it makes out there. Some crypto merchandise and markets are regulated and others are unregulated; regardless, Kraken could or might not be required to be registered or in any other case authorised to offer particular services in every market, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search impartial recommendation in your taxation place. Geographic restrictions could apply. Rewards charges are decided and paid out by Kraken in its sole discretion and are topic to vary. See Authorized Disclosures for every jurisdiction right here.
