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Solana Treasury Company DeFi Development Joins Stablecoin Network Global Dollar Network
Summary: According to Globe Newswire, the US-listed Solana Treasury Company DeFi Development Corp. (NASDAQ: DFDV) has announced its participation in the Global Dollar Network (GDN) to expand the access and usage of the USDG stablecoin. USDG, issued by Paxos Digital Singapore and Paxos Issuance Europe, is pegged to the US dollar reserve and is already available ...
According to Globe Newswire, the US-listed Solana Treasury Company DeFi Development Corp. (NASDAQ: DFDV) has announced its participation in the Global Dollar Network (GDN) to expand the access and usage of the USDG stablecoin. USDG, issued by Paxos Digital Singapore and Paxos Issuance Europe, is pegged to the US dollar reserve and is already available on the Solana, Ink, and Ethereum networks. Through this partnership, DeFi Development Corp. will gain API integration and distribution rights for USDG, participate in the GDN network advisory committee governance, and benefit from incentives related to USDG custody, minting, and usage. Company CEO Joseph Onorati stated that this move will drive the adoption of USDG in the Solana ecosystem and further strengthen its treasury strategy based on SOL.
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Link: Solana Treasury Company DeFi Development Joins Stablecoin Network Global Dollar Network [Copy]
