Mantle Brings USDG Stablecoin Natively to Its Platform

USDG, a stablecoin issued by Paxos, has launched natively on Mantle, an Ethereum layer-2 network. This integration allows for direct minting without third-party bridges, enhancing DeFi liquidity and institutional settlement options on Mantle.

Mantle has joined the Global Dollar Network with over 150 partners and boasts a rapidly growing tokenized asset ecosystem, with over $230 million in real-world assets and nearly 700 tokenized products. The USDG circulation is around $3.18 billion, ranking seventh among stablecoins.

The move supports Mantle's goal of expanding regulated dollar assets and on-chain financial strategies, although U.S. regulatory rules still affect access to some tokenized products. Meanwhile, the integration of USDG has brought new opportunities for users on Mantle.