At Kraken, we are committed to providing reliable, transparent and innovative Stablecoin solutions. That’s why we are proud to work with Paxos, Robinhood and Anchorage. Global Dollar Network To bring you USDG.
Backed by Paxos, the global leader of Stablecoins, USDG holds confidence in Stablecoins over $160 billion published since 2018. USDG is designed to be a reliable, transparent stub coin for trading and holding value, bringing seamless access to digital dollars for users around the world.
What is Stablecoins?
Stablecoins bridges traditional finance with blockchain technology, providing Fiat stability with crypto efficiency. It pins 1:1 to US dollars, providing a safe and reliable way to trade, trade and store value in the digital economy. This combination makes Stablecoins a good option for global payments, transactions and protection funds from market volatility.
Why USDG?
Regulation and transparency
USDG is fully supported by cash and cash equivalents of separate accounts audited monthly. Paxos is regulated by the financial authorities in Singapore, one of the world’s top financial authorities, and ensures the strongest consumer protection.
1:1 peg stability
USDG is fully supported by cash and cash equivalents in separate accounts, ensuring that all tokens maintain a 1:1 peg in US dollars.
Multi-Chain Global Accessibility
Built on the Ethereum (ERC-20) and the Solana blockchain, USDG combines US dollar stability with the speed and transparency of blockchain technology. This global accessibility allows users around the world to leverage trustworthy digital assets for a variety of purposes, making it easy for users around the world to trade and hold them.
How to get started with USDG
Ready to start using USDG? * Follow these simple steps to get started in a few minutes.
- Log in to your Kraken account: (or sign up if new).
- Deposit USD or buy USDG directly
- Convert USD to USDG
Usually, whenever you use Stablecoins, you use USDG.
Coming soon: Earn money with USDG
The USDG is just the beginning of Kraken’s commitment to Stablecoin’s innovation.
Quickly, Kraken holders will have immediate access Exclusive Reward Programoffering you the opportunity to win competitive returns without any additional steps. stay tuned!
USDG: Next-Generation Stub Coin
USDG reflects its commitment to providing transparent, secure and advanced products that promote the adoption of cryptocurrencies, ensuring that everyone achieves financial freedom and inclusion. USDG is another step in integrating blockchain technology with real financial applications.
Where to learn more
Want to dig deeper into USDG details? Check out the Paxos USDG White Paper and our $USDG Asset Listing Blog.
Leverage Kraken’s innovative solutions to join millions of users and achieve your financial goals.
*$USDG is not available for trading with CAs
These materials are for general information purposes only and are not investment advice or recommendations or solicitations to purchase, sell, bet or hold CryptoAssets or engage in any particular trading strategy. Kraken does not work to raise or lower the prices of certain CryptoAssets available. Some crypto products and markets are regulated, while others are not regulated. Anyway, Kraken may or may not need to be registered or permitted to provide specific products and services in each market, and is not protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the CryptoAsset market can lead to losses of funds. Taxes may be paid for returns and/or increased value of crypto assets, and you must seek independent advice on your tax position. Geographical restrictions may apply. Remuneration rates are determined, paid and subject to change at their sole discretion. Please refer to the legal disclosures of each jurisdiction here.
