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USDGStablecoin·Paxos Digital Singapore ↗·LiveAs of Oct 11, 2026···

Global Dollar

Global Dollar (USDG), a US dollar stablecoin issued by Paxos Digital Singapore, a MAS-licensed major payment institution.

Stablecoin Quality Rating
73.3/ 100
Institutional-gradeData gap: Disclosure Quality · Redemption Liquidity · Structural Trust
OCB — 01·Rating breakdown
Methodology v1.6 · Oct 11, 2026

USDG across four dimensions

Reserve23 / 25
RedemptionLIMITING13 / 25
Transparency19 / 25
Concentrationn/a

Holder Concentration is not yet measured to our standard, so no concentration figure is published. The composite reflects the three measured dimensions, renormalized.

Gap to Institutional-grade (≥70)Cleared

Signal readings

Top-10 holder pct
Withheld

Custody & backing fields are descriptive — published, not scored

OCB — 02·Outstanding supply
$3.10B

USDG supply over time

USDG · Paxos Digital Singapore

Outstanding supply (USD)

USDG outstanding supply is $3.10B as of Oct 10, 2026. -6.2% over the prior 30 days.
ONCHAIN
BENCHMARK
Source: OCB Quality Ratings · USDG · onchainbenchmark.comUpdated daily
OCB — 03·Rating history
3 readings

USDG quality rating since coverage began

Rating trend

A rating trend is shown once sufficient history has accrued.

OCB — 04·Deployments

How this instrument's supply is distributed across chains

ChainShare of measured supply
OKBX Layer
44.8%
0x4ae46a…3d2dc8Explorer ↗
RHRobinhood Chain
22.6%
0x5fc536…F1d168Explorer ↗
SOLSolana
20.2%
2u1tszSe…GWjGWHExplorer ↗
ETHEthereum
10.4%
0xe34316…95491DExplorer ↗
INKInk
2.1%
0xe34316…95491DExplorer ↗
OCB — 05·Coverage gaps + diligence

Where coverage is incomplete — and what could narrow it

Methodology

USDG is scored across the same four dimensions as every other rated instrument in its class — Reserve Quality, Redemption Depth, Holder Concentration, and Transparency. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology ↗
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