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 International Greenback Community to deliver you USDG.
Backed by Paxos, a world chief in stablecoins, USDG comes with the boldness of over $160 billion in stablecoins issued since 2018, all underneath the oversight of prime 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 expertise, providing the soundness of fiat with the effectivity of crypto. Pegged 1:1 to the U.S. greenback, they supply a safe and dependable technique to transact, commerce and retailer worth within the digital financial system. This mixture makes stablecoins a most popular alternative for international funds, buying and selling and safeguarding funds from market volatility.
Why USDG?
Regulation and transparency
USDG is absolutely 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 prime monetary authorities, guaranteeing the strongest client safety.
1:1 pegged stability
USDG is absolutely backed by money and money equivalents in segregated accounts, guaranteeing 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 pace and transparency of blockchain expertise. This international accessibility empowers customers worldwide to leverage a trusted digital asset for quite a lot of functions, permitting customers worldwide to commerce and maintain with ease.
How you can get began with USDG
Prepared to start out utilizing USDG?* Comply with these easy steps to get began in minutes:
- Log in to your Kraken account: (or join 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 chance to earn aggressive returns with no further steps. Keep tuned!
USDG: The following-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 route, integrating blockchain expertise with real-world monetary purposes.
The place to be taught extra
Need to dive deeper into the small print of USDG? Take a look at the Paxos USDG white paper and our $USDG asset itemizing weblog.
Be a part of the thousands and thousands of customers leveraging Kraken’s revolutionary options to attain their monetary objectives.
*$USDG shouldn’t be out there for buying and selling in CA and the EEA
These supplies are for basic data functions solely and aren’t funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth 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 and products 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 improve within the worth of your cryptoassets and you need to search unbiased 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.
