Solomon Joins Global Dollar Network
Solomon is joining Global Dollar Network (GDN). USDG, the stablecoin issued by Paxos under regulatory oversight, is now accepted as collateral backing USDv.
Solomon is joining Global Dollar Network (GDN). USDG, the stablecoin issued by Paxos under regulatory oversight, is now accepted as collateral backing USDv.
What’s new
USDG (@global_dollar) is accepted as collateral backing USDv. The backing of your dollar just got stronger.
Solomon has joined GDN. Sitting inside the fastest growing stablecoin network alongside major exchanges, payments leaders, custodians, and fintechs.
Why this matters
Solomon is building the infrastructure for productive dollars that earn across wallets, LPs, and apps while staying dollars. That thesis only works if the dollar itself is real.
USDG is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA.
Attested, supervised, and fully backed and always redeemable. Bringing it into the collateral behind USDv raises the floor on what stands beneath every position that touches Solomon’s rails.
Being a GDN member also means Solomon is aligned with a growing set of counterparties on what the onchain dollar should actually be. USDG can also serve as collateral in the market operations that keep USDv deep and efficient to move.
A word from Paxos
“USDv is exactly the kind of next-generation stablecoin Global Dollar Network was built to support. Solomon’s YaaS infrastructure creates a new model where stablecoins do more than preserve value, they improve onchain economics through compliant, programmable rewards distributed at scale.”
-Dominic Niolu, DeFi Lead, Paxos
What comes next
This is a first step with Global Dollar Network. The relationship is built to go further, toward deeper functionality, distribution, and the kind of infrastructure that makes the onchain dollar actually work at scale.
More coming soon.
About Global Dollar Network
Global Dollar Network is building USDG, a stablecoin designed for global use. Its dual issuance model, backed by MAS and FIN-FSA, delivers regulatory compliance across jurisdictions without fragmenting liquidity.
About Solomon Labs
Solomon Labs is building USDv, a stablecoin designed for everyday use. Its yield delivery rail, YaaS, stream returns directly to USDv balances without breaking composability.