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Home»Security»Bitmart and Paxos form a strategic partnership to stimulate the adoption of the USDG
Security

Bitmart and Paxos form a strategic partnership to stimulate the adoption of the USDG

May 13, 2025No Comments5 Mins Read
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Mahe, Seychelles, May 12, 2025 – BitmartThe Global Premium digital asset trading platform, today announces its strategic partnership with Paxos And THE Global dollar network To integrate World Dollar (USDG) In its platform, expanding the scope of the USDG to the 10 million Bitmart users. This collaboration marks a central step in the continuous efforts of Bitmart to extend access to digital, stable and business quality assets, strengthening the commitment to the adoption of stablescoin on global markets.

A global partnership motivated by Digital Anchorage, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood, the Global Dollar Network (GDN) is forged with the common goal of increasing the adoption of stables and developing cases of real world use. THE GDNPropelled by the USDG, is a distributed network made up of market leaders working together to build an accessible financial system compatible with Stablescoin. The USDG is a stablecoin to support an American dollar issued by Singapore pte digital paxos. Ltd.under the supervision of Singapore monetary authority (Mas)And complies with the next Mas Stablecoin frame.

As part of this new partnership, Bitmart Allows users to buy USDG Directly on its platform, with USDG trading pairs already available. This partnership offers Improved commercial flexibility users and access to the USDG as a trust stable for various transactions, contributing more to the growing utility of stablecoins in digital asset space.

“We are delighted to associate with Paxos and Global dollar network To provide stable for confidence to our users, “said Tiffany, vice-president of operations at Bitmart. “This partnership allows us to improve Bitmart offers, make stablecoins like USDG a central element of our trading platform and accelerate the adoption of solutions supplied by Stablecoin around the world.”

RonakChief of the product Paxosshared his point of view on collaboration:

“In partnership with Bitmart is an important step in promoting the global adoption of USDG And advance the use of stablecoins on the market. By integrating USDG in their platform, Bitmart Provides users with a transparent and reliable way to interact with the stablecoins supported by an American dollar, creating more opportunities for the use of the real world and expanding the usefulness of stablescoins. “”

In addition to USDG integration, Bitmart also prepare a wider Marketing and operational campaign To support this launch. This includes a Promotion of zero negotiation costs For USDG trading pair and a Ignition / savings program For users who seek to take advantage of the USDG for rewards. These campaigns aim to lead to additional commitment and provide value to users of the Stablecoin ecosystem.

For more details on the USDG and its conditions of use, please visit: https://www.paxos.com/terms-and-conditions/stablecoin-terms-conditions

About Bitmart

Bitmart is the world’s first world trading platform for digital assets. With millions of users worldwide and classified as the best cryptography exchanges on Coingecko, it currently offers more than 1,700 trading pairs with competitive negotiation costs. In constant evolution and growing, Bitmart is interested in the potential of cryptography to stimulate innovation and promote financial inclusion. To find out more about Bitmart, visit their WebsiteFollow them X (twitter)Or join their Telegram For updates, news and promotions. Download Bitmart application To exchange at any time, anywhere.

About Paxos

Paxos is the main regulated infrastructure and tokenization platform. Its products serve as the basis for an open new financial system that works faster and more efficiently. PAXOS is associated with the head of global companies for Tokenize, Guard and Trade in assets. His blockchain solutions are used by world leaders like Paypal, interactive brokers, mastercard, free Mercado and Nubank. PAXOS is authorized to engage in a commercial activity of virtual money by the NYDFS and is the transmitter of several digital assets, in particular Paypal USD (Pyusd), PAX Dollar (USDP) and Pax Gold (PAXG). PAXOS International, an affiliation company, is the regulated transmitter of the Stablecoin lifting dollar (USDL), and PAXOS Singapore is the Global Dollar (USDG) issuer, supplying the Global Dollar network (GDN). Learn more about Paxos.

On the world dollar (USDG)

Global Dollar (USDG) is a trusted stablecoin supported by an American dollar issued by PAXOS Digital Singapore PTE. Ltd., which is subject to prudential surveillance by the monetary authority of Singapore. The USDG feeds the Global Dollar Network, a network of business quality market leaders accelerating the adoption of the stable reserve. For more information, visit World dollar.

Non-liability clause:

Due to internal regulations and policies, access to Bitmart services is currently not available for users of the following countries and regions: Balkans, Cuba, Crimea, Iran, Liberia, North Korea, Syria, New York State, the People of the People of Donetk (LNR) and the Nerardises.

The use of Bitmart services is entirely at your own risk. All investments in crypto, including profits, are very speculative in nature and imply a substantial risk of loss. Past, hypothetical or simulated performance is not necessarily indicative of future results.

The value of digital currencies can increase or decrease and there may be a substantial risk in the purchase, sale, detention or negotiation of digital currencies. You must carefully examine whether trading or detention of digital currencies suit you according to your personal investment objectives, your financial circumstances and your risk tolerance. Bitmart does not provide any investment, legal or tax notice.



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